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Reliance Communications standalone net profit declines 73.93% in the March 2016 quarter

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Capital Market

Sales decline 2.55% to Rs 2599.00 crore

Net profit of Reliance Communications declined 73.93% to Rs 401.00 crore in the quarter ended March 2016 as against Rs 1538.00 crore during the previous quarter ended March 2015. Sales declined 2.55% to Rs 2599.00 crore in the quarter ended March 2016 as against Rs 2667.00 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 1624.00 crore in the year ended March 2016 as against net loss of Rs 154.00 crore during the previous year ended March 2015. Sales declined 7.66% to Rs 9974.00 crore in the year ended March 2016 as against Rs 10801.00 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales2599.002667.00 -3 9974.0010801.00 -8 OPM %50.4442.11 -21.1215.33 - PBDT930.00556.00 67 395.00311.00 27 PBT401.0064.00 527 -1624.00-1629.00 0 NP401.001538.00 -74 -1624.00-154.00 -955

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First Published: May 31 2016 | 9:57 AM IST

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