Anil Ambani-led Reliance Communications (RCom) has reported results for the second quarter ended September 30, 2011.
Reliance Communications reported a net loss of Rs 99.00 crore as compared to net loss of Rs 476.00 crore for the second quarter previous year. Total income of the company decreased by 7.73% to Rs 2851.00 crore for the quarter under review as compared to Rs 3090.00 crore for the same period last year.
Reliance Group, posted a net profit of Rs 252 crore for the quarter under review, lower by 43.5% to Rs 446.00 crore in the same period a year ago. The telecom company’s total operating revenue in the same period declined 4.6% to Rs 4,792 crore.
In a signal that the impact of the tariff war may have peaked out, R-Com managed to sustain an operating profit of Rs 1,605 crore for the September quarter, a marginal sequential increase. As R-Com’s net financial charges came down 44% quarter-on-quarter to Rs 227 crore, it helped the company post a 60.5% sequentially higher net profit for the September quarter.
Turnover from R-Com’s main wireless business rose 2.1% quarter-on-quarter to Rs4,417 crore between July and September.
| Company Name | CMP |
|---|---|
| Bharti Airtel | 1846.55 |
| Vodafone Idea | 9.62 |
| Indus Towers | 412.35 |
| Tata Communications | 1521.05 |
| Bharti Hexacom Ltd. | 1538.30 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: