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Reliance Communications Ltd Q1FY24; 20% fall in Revenue

Incorporated in 2004, Reliance Communications Ltd own and operate IP enabled connectivity infrastructure comprising of fibre optic cable systems.

Financial Results:

Reliance Communications Ltd reported Revenues for Q1FY24 of ₹100.00 Crores down from ₹125.00 Crore year on year, a fall of 20.0%.

Total Expenses for Q1FY24 of ₹135.00 Crores down from ₹198.00 Crores year on year, a fall of 31.82%.

Consolidated Net Profit of -₹1,965.00 Crores from -₹1,763.00 Crores in the same quarter of the previous year.

The Earnings per Share is -₹7.11, from -₹6.38 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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