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Reliance Communications reports stellar Q2 numbers

13 Nov 2013 Evaluate

Reliance Communications has reported results for the second quarter ended September 30, 2013.

The company has reported 800% rise in its net profit at Rs 81 crore for the quarter as compared to Rs 9 crore for the same quarter in the previous year. Total income of the company has increased by 13.50% at Rs 3472 crore for quarter under review as compared to Rs 3059 crore for the quarter ended September 30, 2012.

On the consolidated basis, the group has registered a growth of 561.76% in net profit after taxes, minority interest and share of profit / (loss) of associates at Rs 675 crore as compared to Rs 102 crore in the same quarter previous year. Total income of the group rose 12.16% to Rs 5835 crore for quarter under review as against Rs 5202 crore in corresponding quarter previous year.

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