Anil Dhirubhai Ambani Group (ADAG) company Reliance Capital Ltd said its first quarter net profit declined to Rs77.7 crore as against Rs151 crore in the same quarter last year.
During the June 2010 quarter, its total revenues declined to Rs1,035 crore from Rs1,452 crore, said the company in a regulatory filing.
General insurance loss was at Rs38.6 crore as against the profit of Rs1 crore while finance and investment profit declined to Rs66 crore from Rs116 crore, it said.
On Tuesday, Reliance Capital shares declined 1.3% to Rs758 on the Bombay Stock Exchange, while the Sensex closed 0.4% down to 18,219 points.
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