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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.
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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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