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Reliance Communications reports net loss of Rs 551 crore in Q1

17 Aug 2015 Evaluate

Reliance Communications has reported results for first quarter ended June 30, 2015.

The company has reported net loss of Rs 551 crore for the quarter ended June 30, 2015 as compared to net loss Rs 536 crore for the same quarter in the previous year. The company’s total income has decreased by 8.58% to Rs 2578 crore for the quarter under review from Rs 2820 crore for the corresponding quarter of the previous year.

RCom is India’s foremost and truly integrated telecommunications service provider. The company ranks among the Top 4 Telecom companies in the world by number of customers in a single country.

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