Brief: India's Reliance Nippon Sept-Qtr AUM Rises 12%, Profit Rises 20%
Oct 24 (Reuters) - Reliance Nippon Life Asset Management Ltd
RELL.NS :
* SAYS NIPPON LIFE INSURANCE INCREASES STAKE IN RNAM TO 75%
* SAYS AUM AT SEPT 30 WAS 4.54 TRLN RUPEES OR $64.2 BILLION
* SAYS SEPT QUARTER PROFIT AFTER TAX 1.37 BILLION RUPEES, UP
20%
* SAYS AT SEPT-END, COMPANY AUM UP 12% YOY, MUTUAL FUNDS AUM
DOWN
17% YOY
Source text for Eikon: ID:nBSE2LjjQr
Further company coverage: RELL.NS
((bangalore.newsroom@thomsonreuters.com;))
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