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2008-04-30

Reliance Communications posts consolidated revenues of Rs 19068 crore

Reliance Communications posts consolidated revenues of Rs 19068 crore, net profit of Rs 5401 crore and EBIDTA of Rs 8198 crore, reports CNBC TV18. The company reports (QoQ) standalone net profit up 9.5% at Rs 1502 crore versus Rs 1372 crore, revenues up 8.9% at Rs 5311 crore versus RS 4874 crore and MTM loss of Rs 25 crore. The positive numbers saw the stock rise and it is currently trading at Rs 582, up 1.59% on the BSE
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Disclaimer

Ours is an advisory role. The final decision and consequences based on our Information is solely yours. Moreover, in keeping with regulatory guidelines, we do not guarantee any returns on investments. Prospective investors and others are cautioned that any forward-looking statements are not predictions and may be subject to change without notice.