The good news is that Anil Ambani, who is in a debt swirl, has lost his company

Reliance Group chief Anil Ambani has been in the news for a while. In fact, the loss of Anil Ambani’s company Reliance Capital is constantly decreasing. According to data provided by Reliance Capital, its loss for the first quarter of the current financial year ended June 30, 2021 was Rs 1,006 crore. Reliance Capital had a net loss of Rs 1095 crore in the same quarter a year ago. At the same time, the company had a net loss of Rs 1,649 crore in the last quarter.

How much you earned: According to data from Reliance Capital, the company’s revenue for the first quarter of the current fiscal stood at Rs 4,448 crore. 4,287 crore in the same quarter a year ago. If we talk about expenditure, it is worth Rs 5,261 crore. 5,249 crore in the first quarter of the previous fiscal.

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Benefits to Investors: Amid this news, Reliance Capital’s stock closed at Rs 17.05, up 4.60 per cent on Friday. Reliance Capital’s market value is Rs 430 crore.

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