Telecom operator Reliance Communications today reported narrowing of its consolidated loss to Rs 342 crore for the quarter ended June 30, 2018.
The company had reported a loss (attributable to equity holders) of Rs 1,245 crore in the same period a year ago.
The Anil Ambani-led firm had posted a loss of Rs 19,728 crore in January-March 2018 period.
RCom is under debt resolution process under the Insolvency and Bankruptcy Code, 2016 (IBC).
The company in a statement said it is confident of closing debt resolution during the second (ongoing) quarter of 2017-18