MoneyWorks4Me

Reliance Communications reports consolidated net loss of 238 crore in Q3

24 Jan 2019 Evaluate

Reliance Communications has reported results for third quarter ended December 31, 2018.

The company has reported net loss of Rs 78.00 crore for the quarter under review against net profit of Rs 48.00 crore for the same quarter in the previous year. Total income of the company decreased by 31.39% at Rs 341.00 crore for Q3FY19 as compared Rs 497.00 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss of Rs 238.00 crore for the quarter under review against net loss of Rs 130.00 crore for the same quarter in the previous year. Total income of the company decreased by 7.91% at Rs 1,083.00 crore for Q3FY19 as compared Rs 1,176.00 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Bharti Airtel 1843.50
Vodafone Idea 14.29
Indus Towers 381.20
Tata Communications 1775.00
Railtel Corp. India 258.55
View more..