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.
On the consolidated basis, the company has reported 1.96% rise in its net profit after taxes, Minority Interest and Share of Profit/(Loss) of Associates at Rs 156 crore for the quarter ended September 30, 2015 as compared to Rs 153 crore for the same quarter in the previous year. However, total income of the company has decreased by 0.89% at Rs 5355 crore for quarter under review as compared to Rs 5403 crore for the quarter ended September 30, 2014.
