Reliance Communications Ltd has announced their Second Quarter Results for the quarter ended September 30, 2007, and the the Company has posted Profit after tax of Rs. 1304 crore.
The company has registered a growth rate of 6.8% in the Net profit when compared to the last quarter’s profit of Rs 1220 crore. Total Income of Reliance Communications has increased from Rs 35256 crore for the quarter ended September 30, 2006 to Rs 4578 crore for the quarter ended September 30, 2007.
Reliance Communications results were in line with the Markets expectataions and the stock prices of the company closed at Rs. 771.95 up 0.67% on the BSE.
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