Reliance Communications (RCom) has reported results for first quarter ended June 30, 2018.
The company has reported a net loss at Rs 41 crore for the quarter under review as compared to net profit of Rs 28 crore for the same quarter in the previous year. Total income of the company decreased by 46.42% at Rs 404 crore for Q1FY19 as compared Rs 754 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a net loss of Rs 342 crore for the quarter under review as compared to net loss of Rs 1,221 crore for the same quarter in the previous year. Total consolidated income of the company decreased by 26.96% at Rs 1,008 crore for Q1FY19 as compared Rs 1,380 crore for the corresponding quarter previous year.
