For the half year ended September, 2008, the total operating income was up by 34% to Rs28563mn from Rs21277mn in the earlier period. Reliance Capital Ltd has posted results for the quarter ended 30 September, 2008. Its consolidated total income up by 38% at Rs. 13131mn mn from Rs9527mn.

Its Net Profit was up 15% at Rs2294mn against Rs2001mn.

For the half year ended 30 September, 2008, the total operating income was up by 34% to Rs28563mn from Rs21277mn in the earlier period. The net profit stood at Rs5725mn as against Rs5253mn in the corresponding period.

As on September 30, 2008, the net worth of the company stood at Rs 7,068.2 crore (US$ 1.5 billion).

The company ranks among the top 3 Indian private sector financial services groups in terms of net worth.

Credit Rating:

The Company has a debt equity ratio of 1.8 as on September 30, 2008. It enjoys the highest top-end ratings of ‘A1+’ and ‘F1+’ by ICRA and FITCH, respectively for its short term borrowing program and ‘CARE AAA’ for its long term borrowing program.

Operational Review:

As on September 30, 2008, the total assets of the company stood at Rs 2213.3mn(US$ 4.7 billion).

The investment portfolio as on September 30, 2008, amounted to Rs 72871mn (US$ 1.6 billion), at cost.

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