Reliance Capital Ltd.

NSE: RELCAPITAL | BSE: 500111 | ISIN: INE013A01015 | Industry: Finance (including NBFCs)
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Reliance Capital Ltd.
Reliance Capital Ltd.
15 Feb 2019, 12:00AM
ICICI Securities Limited
ICICI Securities Ltd | Retail Equity Research Reliance Capital reported a slightly muted performance with growth moderating across lending businesses and higher interest cost denting profit. Among major changes was opening net worth adjustment that was quite significant as per Q2 consolidated balance sheet reporting, as NW as on Q2FY19 from March 2018 had gone down by ~| 8000-9000 crore to | 6845 crore led by group exposure ECL provisions. Q3FY19 numbers came in below estimate with revenues at | 5016...
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