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Religare Enterprises Q2 results: Net profit jumps 70% to Rs 68 crore

Business Standard LogoBusiness Standard21h ago

Religare Enterprises Q2 results: Net profit jumps 70% to Rs 68 crore - Business Standard

Quick Summary:

Religare Enterprises on Tuesday reported a 70 per cent jump in consolidated net profit to Rs 68.49 crore for the second quarter ended September 2024.

In a regulatory filing, Religare Enterprises further said that its Group CFO Nitin Aggarwal will cease to be associated with the company with effect from the close of business hours on November 12, 2024.

Its total revenue stood at Rs 1,971 crore during the second quarter of the current fiscal year, up from Rs 1,586 crore in the corresponding period of the last year.


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Category: BusinessFinance

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 20:57:26 (21 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 203 words

Reading Time: 2 minutes read

Sentences: 8 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23555866

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