Reliance Jio launched rights issue of optionally convertible preference shares to raise up to Rs 20,000 crore.
The company reported revenue of Rs 13,025.6 crore against a CNBC-TV18 poll of analysts who pegged this figure to be Rs 12,828 crore.
NPAs rise to 0.81 percent from 0.64 percent in previous quarter, while provisions almost double on YoY basis.
The company's revenues increased by 5.7 per cent to Rs 708.9 crore in the said quarter from Rs 670.7 crore in the April-June period last year.
The company, which publishes Dainik Bhaskar newspaper, had posted a net profit of Rs 103.95 crore during the same quarter of previous fiscal, DB Corp informed BSE.
Revenue during the quarter fell 12 percent to Rs 648 crore compared with Rs 737 crore in corresponding quarter of last fiscal.
The company had posted a net profit of Rs 126.50 crore in the year-ago period.
Gross Written Premium of the company rose by 41 per cent to Rs 1,278 crore at the end of the quarter, Reliance General Insurance said in a statement.
The lender made provisions worth Rs 204 crore for the quarter, compared with Rs 267 crore in March quarter and Rs 179 crore in the year-ago period.
Orders grew 13 percent in the second quarter and 20 percent in H1 of 2017 reflecting ABB India’s organic growth strategy.
Operating profit shot up 29.7 percent year-on-year to Rs 147.3 crore and margin expanded by 120 basis points to 6.6 percent in June quarter.
Revenue was ahead of estimates, though it fell 3.9 percent to Rs 5,854 crore compared with Rs 6,089 crore in same quarter last year.
The number came in lower than a poll of analysts done by CNBC-TV18, which pegged the profit growth at 40.3 percent at Rs 1,041.1 crore for April-June quarter
Other income or non-interest income during the quarter shot up 33 percent to Rs 2,108.5 crore and operating profit grew by 36 percent to Rs 2,472.38 crore compared with year-ago quarter.
Meanwhile, the company posted US dollar revenue at USD 200.1 million against a CNBC-TV18 poll of USD 203.3 million.
The company had registered net profit of Rs 37.74 crore in the same period a year ago.
Total income rose 39 per cent to Rs 3,165 crore for the June quarter as against Rs 2,282 crore a year ago, the company said in a regulatory filing.
The revenue for the quarter was however up 26 percent at Rs 1,982 crore, while the operating margin came in at 9.3 percent.
Operating profit surged 24.1 percent to Rs 22.4 crore and margin expanded by 210 basis points to 12.1 percent compared with previous quarter.
It's consolidated income from operations was up 8.6 per cent to Rs 407.30 crore for the quarter-ended June 2017 compared to Rs 374.97 crore in the same period year-ago.
The company had reported a net profit of Rs 90.17 crore in the same quarter of the previous year.
Underlying volume growth was flat, which was on expected lines due to disruption ahead of GST rollout on July 1.
Revenue from operations (as per Indian Accounting Standards) during the quarter declined 8.7 percent to Rs 321.2 crore compared with Rs 352 crore in corresponding quarter of last fiscal.
The company had posted a net profit of Rs 39.25 crore in the April-June quarter of the previous fiscal.
Operating profit grew by 9.7 percent year-on-year to Rs 1,560 crore and margin expanded by 70 basis points to 23.5 percent in the quarter ended June 2017.