Reliance Communications (RCom) has reported results for second quarter ended September 30, 2016.
The company has reported a net loss of Rs 846 crore for the quarter under review as compared to a net loss of Rs 361 crore for the same quarter in the previous year. Total income of the company decreased by 8.82% at Rs 2286 crore for the quarter under review as compared Rs 2507 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 80% fall in its net profit after Taxes and Non Controlling Interest at Rs 39 crore for the quarter ended September 30, 2016 as compared to Rs 195 crore for the same quarter in the previous year. Total Income of the company decreased by 4.12% to Rs 5142 crore for quarter under review from Rs 5363 crore for the quarter ended September 30, 2015.
