Anil Ambani Group company Reliance Capital has posted a net profit after minority interest & share of profit of Rs 151.04 crore for the quarter ended June 30, 2009 as compared to Rs 343.07 crore for the quarter ended June 30, 2008.

In addition, total income has also decreased from Rs 1514.40 crore for the quarter ended June 30, 2008 to Rs 1469.25 crore for the quarter ended June 30, 2009.

Presently, Reliance Capital is setting up a Private Equity (PE) fund which will raise up to Rs 2,000 crore from the domestic market.

According to sources, around 10-20 per cent would be contributed by the group companies while remaining would be raised from the domestic investors.

The scrip of the company today closed at Rs. 883.85, up by Rs. 22.45 or 2.61%. The stock hit an intraday high of Rs. 897.75 and low of Rs. 867.10.