Reliance Communications has reported results for second quarter ended September 30, 2014.
The company has reported a net loss of Rs 571 crore for the quarter ended September 30, 2014 as compared to a net profit of Rs 81 crore for the same quarter in the previous year. Total income has decreased by 17.94% at Rs 2849 crore for quarter under review as compared to Rs 3472 crore for the quarter ended September 30, 2013.
On consolidated basis, the company’s net profit after taxes and minority interest for the quarter under review registered 77.33% fall at Rs 153 crore against Rs 675 crore in the September quarter of previous fiscal. The company’s total income has decreased by 7.40% at Rs 5403 crore for the quarter from Rs 5835 crore in the similar quarter of previous year.
