Reliance Communications (RCom) has reported results for first quarter ended June 30, 2017.
The company has reported a net loss of Rs 963 crore for the quarter under review as against a net loss of Rs 559 crore for the same quarter in the previous year. The total income of the company decreased by 34.14% at Rs 1707 crore for Q1FY18 as compared Rs 2592 crore for the corresponding quarter previous year.
On consolidate basis, the company has reported a net loss of Rs 1210 crore for the quarter ended June 30, 2017 as against a net profit of Rs 90 crore for the corresponding quarter in the FY17. Total consolidated income of the company decreased by 33.02% at Rs 3591 crore for quarter under review as compared to Rs 5361 crore for the same quarter in the previous year.
