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.
- Religare Enterprises Ltd reported Total revenue for Q4 FY23 of ₹1,396 Crore, up from ₹953 Crore year on year depicting a growth of 46%.
- Total Expenses for Q4 FY23 of ₹1,193 Crore up, from ₹1019 Crore year on year, a growth of 17%.
- Consolidated Net Profit of ₹3517 Crore, up 698% from -(₹588) Crore in the same quarter of the previous year.
- The Earnings per Share is ₹105.91, up 651% from -(₹19.22) in the same quarter of the previous year.