Religare Enterprises tumbles on reporting net loss of Rs 39.54 crore in Q2
The company has reported a net loss of Rs 39.54 crore for the quarter ended September 30, 2016 as compared to a net loss of Rs 13.90 crore for the same quarter in the previous year.
Total income of the company decreased 38.41% to Rs 11.85 crore for Q2FY17 from Rs 19.24 crore for the corresponding quarter in previous year.
Religare Enterprises is one of India’s leading diversified financial services groups. It offers an integrated suite of financial services including asset management, life and health insurance, lending, broking, investment banking, and wealth management.
