News From Press Reliance Nippon AMC Q3 profit up 25% at Rs 130 crore

Reliance Nippon AMC Q3 profit up 25% at Rs 130 crore

Source: ET/PTI Jan 17, 2018

Reliance Nippon Life Asset Management (RNAM) today reported 25 per cent jump in profit after tax to Rs 130 crore for the December quarter of the current fiscal.

The company's revenues stood at Rs 470 crore in the October-December quarter of the 2017-18 fiscal, a growth of 31 per cent over the year-ago period, RNAM said in a statement.

Its board has announced maiden interim dividend of Rs 5 per share post listing.

Click here to read more>>

Like what you are reading?

Login to get instant access to this article and many other such articles on business development, success stories and industry updates.

Don't worry ... it's FREE!

Have a query or a doubt?
Need a clarification or more information on an issue?
Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

Latest Articles

75 years to reach per capita income of $2730, will take only 5 years to add another $2000, FM Sitharaman

How to pick passive mutual funds? Radhika Gupta shares four tips

China market rally: How Indian mutual fund investors can ride the boom

HDFC Bank's Instant SIP introduced. Know how will it work for mutual fund investment

Mutual fund investment: Flexicap funds or multicap funds - where can you get more returns?

China’s sudden stock rally sucks money from India, other Asian markets

Investment strategy for a volatile week: what to buy on dip, what to sell, what to avoid?

Silence Does Not Imply Consent In Insurance Proposals: NCDRC

DSP Mutual Fund temporarily restricts subscription to global schemes

Near term, expect tough times but longer-term story intact; sector and m-cap rotations to continue: Nilesh Shah

Click to clap

Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.

0 Comment

Be the first to comment.

More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.

POLL

MORE POLLS

As regards Portfolio Management Services (PMS), what is your status

Actively selling PMS

Not selling PMS but considering it seriously

Not selling PMS and not considering it either

EVENTS FORUMS