R-Com posts surprise Q4 profit jump
Telecom major Reliance Communications (RComm) has posted a growth of 97.62 percent in its net profit at Rs 332 crore for the quarter ended March 31, 2012 as compared to Rs 168 crore in the same period last year.
During the quarter, the company saw a fall of 32.77 percent in total income to Rs 5310 crore from Rs 7898 crore in the same quarter last year, a release aid.
For the year ended Mar.31, 2012, the company has posted 31 percent decrease in consolidated net profit to Rs 928.50 crore as compared to Rs 1345.70 crore for the year ended March 31, 2011.
Total consolidated income has decreased 12.03 percent from Rs 23107.60 crore for the year ended March 31, 2011 to Rs 20382.30 crore for the year ended March 31, 2012
Telecom major Reliance Communications (RComm) has posted a growth of 97.62 percent in its net profit at Rs 332 crore for the quarter ended March 31, 2012 as compared to Rs 168 crore in the same period last year.
During the quarter, the company saw a fall of 32.77 percent in total income to Rs 5310 crore from Rs 7898 crore in the same quarter last year, a release aid.
Total consolidated income has decreased 12.03 percent from Rs 23107.60 crore for the year ended March 31, 2011 to Rs 20382.30 crore for the year ended March 31, 2012
