Religare Enterprise Ltd, incorporated in 1984, is a diversified financial services company with presence all over India, operating through its subsidiaries. The Co. provides loans to SMEs, Affordable Housing Finance, Health Insurance and Retail Broking. REL’s subsidiaries service over 11 lakh clients from over 1,275 locations having presence in more than 400 cities.
Financial Results:
Religare Enterprises Ltd reported Revenues for Q1FY24 of ₹1,285.00 Crores up from ₹951.00 Crore year on year, a rise of 35.12%.
Total Expenses for Q1FY24 of ₹1,192.00 Crores up from ₹1,126.00 Crores year on year, a rise of 5.86%.
Consolidated Net Profit of ₹93.00 Crores from -₹76.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹1.94, from -₹2.38 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.
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