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Reliance Communications’ consolidated net loss widens to Rs 66 crore in Q2

14 Nov 2022 Evaluate

Reliance Communications has reported results for second quarter ended September 30, 2022.

The company has reported net loss at Rs 64 crore for the quarter under review as compared to net loss Rs 57 crore for the same quarter in the previous year. However, total income of the company reported flat growth at Rs 85 crore for Q2FY23 as compared Rs 85 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss at Rs 66 crore for the quarter under review as compared to net loss of Rs 47 crore for the same quarter in the previous year. However, total income of the company decreased by 11.49% at Rs 131 crore for Q2FY23 as compared Rs 148 crore for the corresponding quarter previous year.

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