sector: Financials ·
industry: Investment Services ·
As of
3:44pm IST
386.70INR
Religare Enterprises Limited (REL) is a diversified financial services company. The Company offers a suite of financial products and services across the retail, institutional and high-net-worth spectrum. The Company offers a range of products and services, including equity and commodity broking, personal financial services, personal credit, online trading, wealth advisory services, portfolio management services, priority client equity services, arts initiative, international advisory, fund management services, including film fund management and asset management, insurance broking, life insurance, investment banking and institutional broking. The Company operates through its 14 operating subsidiaries in India, 23 subsidiaries abroad and three joint ventures in India. On December 4, 2008, REL acquired Religare Asset Management Company (P) Limited. In April 2009, the Company acquired 24% interest from Vistaar Entertainment Ventures Pvt. Ltd of Vistaar Religare Capital Advisors Ltd
BRIEF: For the fiscal year ended 31 March 2009, Religare Enterprises Limited's revenues increased 33% to RS11.95B. Net loss totaled RS652.4M, vs. an income of RS919.7M. Revenues reflect an increase in income from operations and higher interest income. Net loss reflects an increase in personnel expenses, higher administrative & other expenses, a rise in depreciation expenses and an increase in interest & finance charges of the company.
Religare Enterprises Limited
19, Nehru Place,
New Delhi 110 019
P: +9111.30815100
F: +9111.30815711