 "RCom Q3 profit dips 61% to Rs 186 cr")
Mumbai: Reliance Communications today reported a decline of 61.25 percent in its consolidated net profit at Rs 186 crore for the quarter ended December 31,2011.
The company had a net profit of Rs 480 crore during October-December quarter ended 2010, Reliance Communications said in a filing to the BSE.
[caption id=“attachment_209890” align=“alignleft” width=“380” caption=“The total income rose to Rs 5,052 crore. Reuters”]
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The total income rose to Rs 5,052 crore during the quarter under review as against Rs 5,004 crore in the same quarter of the previous fiscal.
As on 31 December, 2011, the company’s total customer base stood at 150.1 million, up 2 percent against 147.1 million in the previous quarter.
The company reports revenue per minute (RPM) at Rs 45 paise, “amongst highest in the industry and stable for the last eight consecutive years”.
Shares of Reliance Communications today closed at Rs 93.95 on the BSE, down 1.16 percent from the previous close.