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Reliance Communications reports consolidated net loss of Rs 948.00 crore in the March 2017 quarter

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Capital Market

Sales decline 24.11% to Rs 4312.00 crore

Net loss of Reliance Communications reported to Rs 948.00 crore in the quarter ended March 2017 as against net profit of Rs 79.00 crore during the previous quarter ended March 2016. Sales declined 24.11% to Rs 4312.00 crore in the quarter ended March 2017 as against Rs 5682.00 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 1283.00 crore in the year ended March 2017 as against net profit of Rs 660.00 crore during the previous year ended March 2016. Sales declined 11.21% to Rs 19493.00 crore in the year ended March 2017 as against Rs 21954.00 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales4312.005682.00 -24 19493.0021954.00 -11 OPM %20.2230.01 -25.3232.96 - PBDT101.001213.00 -92 1834.004716.00 -61 PBT-1292.00-159.00 -713 -2387.00232.00 PL NP-948.0079.00 PL -1283.00660.00 PL

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First Published: May 29 2017 | 12:26 PM IST

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