Financial services company Reliance Capital, part of the Anil Dhirubhai Ambani Group, has reported a 44 per cent drop in net profit to Rs 109 crore for the quarter ended September 30, as compared to Rs 195.3 crore during the same quarter last year.

However, company’s total income has increased from Rs 671.41 crore for the quarter ended September 30, 2008, up 1.47 per cent to Rs 681.32 crore for the quarter ended September 30, 2009.

Reliance Capital has interests in financial services such as mutual funds, life and general insurance, stock broking and consumer finance. The stock of company closed on Friday at Rs 746 on BSE, up 2% compared to its previous close.

The counter has made 52-week-high and low of Rs 1066 and Rs 274 respectively.