Reliance Communications (RCom) on Wednesday reported net profit of Rs 54 crore for the quarter ended June 30, 2016, an increase of 6.3 percent from Rs 51 crore in an year earlier period. The Anil Ambani-led telco’s consolidated first quarter revenue declined 3.8 percent at Rs. 5,361 crore from Rs 5,570 crore in the same period last year. Revenue from India operations declined 2.5 percent at Rs 4,693 crore from... Read More
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