Company Profile For Reliance Capital Limited

Reliance Capital Limited is a financial services company. The Company has interests in asset management and mutual funds, life and general insurance, private equity investments, stock broking and depository services, consumer finance, asset reconstruction, institutional broking and distribution of financial products. The Company operates in five segments: finance and investment, asset management, general insurance, consumer finance and others. It provides financial services and solutions, giving customers access to equities, equity options, commodities futures, wealth management, portfolio management services, mutual funds, initial public offerings (IPOs), life and general insurance products, offshore investments, credit cards, money transfer, currency exchange and gold coins. Reliance Capital Limited is a part of the Reliance Anil Dhirubhai Ambani Group.

BRIEF: For the six months ended 30 September 2009, Reliance Capital Limited's revenues decreased 4% to RS29.36B. Net income before extra ordinary item decreased 46% to RS3.07B. Revenues reflects increased income from asset management, general insurance and consumer finance. Net income was offset by higher interest charges, a rise in other expenses, higher provision for depreciation expense and an increase in premium paid on reinsurance ceded.