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Reliance Communications’ consolidated net loss widens to Rs 1607 crore in Q1

17 Aug 2021 Evaluate

Reliance Communications has reported results for first quarter ended June 30, 2021.

The company has reported net loss at Rs 79 crore for the quarter under review as compared to net loss of Rs 90 crore for the same quarter in the previous year. Total income of the company decreased by 33.33% at Rs 94 crore for Q1FY22 as compared Rs 141 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss attributable to equityholders at Rs 1607 crore for the quarter under review as compared to net loss of Rs 1407 crore for the same quarter in the previous year. Total income of the company increased by 28.37% at Rs 154 crore for Q1FY22 as compared Rs 215 crore for the corresponding quarter previous year.

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