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Reliance Communications reports 44% fall in Q3 consolidated net profit

24 Jan 2013 Evaluate

Reliance Communications has reported results for third quarter ended December 31, 2012.

The company has reported a net profit of Rs 110.00 crore for the quarter ended December 31, 2012 as compared to a net loss of Rs 277.00 crore for the same quarter in the previous year. Total income of the company has increased by 9.54% at Rs 3294.00 crore for quarter under review as compared to Rs 3007.00 crore for the quarter ended December 31, 2011.

On the consolidated basis, the company has reported 43.55% fall in its net profit at Rs 105.00 crore for the quarter ended December 31, 2012 as compared to Rs 186.00 crore for the same quarter in the previous year.  However, total income of the company has increased by 4.87% at Rs 5301.00 crore for quarter under review as compared to Rs 5055.00 crore for the quarter ended December 31, 2011. 

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