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Religare Enterprises reports net loss of Rs 13 crore in Q2

Religare Enterprises has reported results for second quarter ended September 30, 2018.

The company has reported net loss of Rs 12.84 crore for the quarter under review against net profit of Rs 8.25 crore for the same quarter in the previous year. Total income of the company decreased by 65.48% at Rs 11.46 crore for Q2FY19 as compared Rs 33.20 crore for the corresponding quarter 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.

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