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Reliance Communications reports net loss of Rs 705 crore in Q2

07 Nov 2015 Evaluate

Reliance Communications has reported results for second quarter ended September 30, 2015.

The company has reported a net loss of Rs 705 crore for the quarter ended September 30, 2015 as compared to net loss of Rs 571 crore for the same quarter in the previous year. The company’s total income has decreased by 12.11% to Rs 2504 crore for the quarter under review from Rs 2849 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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