RCom Q1 profit soars 76.58 per cent to Rs 837.30 crore
Total income of Reliance Communications increased 18.21 per cent to Rs 3,229.69 crore for the June quarter.business Updated: Jul 31, 2007 16:50 IST
Anil Ambani group company Reliance Communications on Tuesday announced it has clocked a 76.58 per cent jump in profit after tax (PAT) at Rs 837.30 crore for the quarter ended June 30, compared to Rs 474.17 crore for the same period last year.
Total income of the company increased 18.21 per cent to Rs 3,229.69 crore for the June quarter, from Rs 2,732.16 crore in the corresponding quarter previous year, RCom informed the Bombay Stock Exchange.
The group has posted a PAT of Rs 1,220.84 crore as compared to Rs 512.82 crore a year ago, while the total income increased to Rs 4,303.70 crore from Rs 3,250.12 crore.
Shares of the company closed at Rs 558.80, up 3.35 per cent on the BSE.