Anil Dhirubhai Ambani Group company - Reliance Communications has announced its results for the quarter ended June 2010. It has reported net profit of Rs 251 crore as against Rs 1220 crore, a de-growth of 79.42% (QoQ). The fall was due to notional provisioning on forex.
Revenues declined 1.53% to Rs 5015 crore from Rs 5092.8 crore, (QoQ).
Earning before interest, depreciation, tax and amortisation (EBIDTA) margin improved at 32.54% versus 31.46%.
Source: moneycontrol.com
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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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