Reliance Communications Q4 Profit Up 46%

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Reliance Communications, India’s fourth largest mobile phone operator, reported a 46% jump in net profit for the fiscal fourth quarter, boosted by lower cost of financing its loans, higher usage of its more expensive data services, and strong overseas operations.


The Anil Dhirubhai Ambani-owned company reported net profit at Rs 228 crore for the January-March period. Revenue rose 1% on year to Rs5,703 crore. Click here for full post at ET Telecom

Wahengbam Rorrkychand

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