Reliance Communications reports standalone net loss of Rs 94.00 crore in the March 2017 quarter

Sales decline 25.40% to Rs 1944.00 crore

Net loss of Reliance Communications reported to Rs 94.00 crore in the quarter ended March 2017 as against net profit of Rs 692.00 crore during the previous quarter ended March 2016. Sales declined 25.40% to Rs 1944.00 crore in the quarter ended March 2017 as against Rs 2606.00 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 1796.00 crore in the year ended March 2017 as against net loss of Rs 379.00 crore during the previous year ended March 2016. Sales declined 11.71% to Rs 8823.00 crore in the year ended March 2017 as against Rs 9993.00 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1944.002606.00 -25 8823.009993.00 -12 OPM %8.0850.19 -2.2121.16 - PBDT-350.00926.00 PL -1883.00387.00 PL PBT-932.00387.00 PL -3855.00-1627.00 -137 NP-94.00692.00 PL -1796.00-379.00 -374

Powered by Capital Market - Live News