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RCom Q2 net drops 43% to Rs 252 cr

RCom Q2 net drops 43% to Rs 252 cr

Anil Ambani-led Reliance Communications on Saturday posted 43.49 per cent decline in net profit at Rs 252 crore for the second quarter ended September 30, 2011.

Anil Ambani, chief of R-ADAG Anil Ambani, chief of R-ADAG
Anil Ambani-led Reliance Communications on Saturday posted 43.49 per cent decline in net profit at Rs 252 crore for the second quarter ended September 30, 2011.

This is against a net profit (after adjustment of share of minority interest and associates) of Rs 446 crore registered in the same period last year, RCom said in a filing to the BSE.

Total income from operations for the quarter under review decreased 4.59 per cent to Rs 4,792 crore from Rs 5,023 crore for the corresponding quarter last year.

Published on: Nov 12, 2011, 8:53 PM IST
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