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Reliance Comm Q2 net profit down 54.78% to Rs 740 cr

Published on Tue, Nov 03, 2009 at 13:15 |  Source : Moneycontrol.com

Updated at Tue, Nov 03, 2009 at 13:22  

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Reliance Comm Q2 net profit down 54.78% to Rs 740 cr

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Reliance Comm

BSE | NSE 10/02/12

Reliance Communication has declared its second quarter results. Its Q2 net profit was down 54.78% from Rs 1637 crore to Rs 740 cr. it includes MTM losses of Rs 283 crore.

Its revenues were down 7.19% from Rs 6145 crore to Rs 5703 crore. Its operating profit was down 17.63% to Rs 2458 crore from Rs 2020 crore.

Its OPM at 35.4% vs 39.9%. Its wireless margins were at 32.7% vs 38.6% while global margins were at 23.1% vs 24%.

  

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