Sharp fall in RCom profit

November 09, 2012 01:05 am | Updated 01:05 am IST - MUMBAI:

Reliance Communications (RCom) has reported a 59.5 per cent drop in its consolidated net profit at Rs.102 crore during the quarter ended September 30, 2012, against Rs.252 crore in the corresponding period last year.

During the quarter, revenue moved up by 3.2 per cent to Rs.5,202 crore from Rs.5,040 crore.

Shares of the company closed with a gain of 1.3 per cent at Rs.58.55 on the Bombay Stock Exchange on Thursday.

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