Reliance Securities posts Rs 83 crore income

Mumbai, Oct 12 (IANS) Reliance Securities on Thursday said it closed the quarter ended September 30, 2017 with a total income of Rs 83 crore, a year-on-year increase of 5 per cent.

Reliance Securities is the broking and distribution arm of Reliance Capital Ltd.

"Our consistency in quarter over quarter performance is mainly driven by the increase in the volume of cash market segment and distribution of investment products, backed by digital transformation initiatives across segments undertaken over the last 18 months," B. Gopkumar, ED and CEO, Reliance Securities, was quoted as saying in a statement.

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