RCoM net profit up 86% at Rs 1,304 cr

Written by Agencies | New Delhi, October 31: | Updated: Oct 31 2007, 21:10pm hrs
Anil Ambani Group company Reliance Communications on Wednesday posted about 86 per cent increase in its consolidated net profit after tax at Rs 1,304.5 crore for the second quarter ended September 30, 2007.

The company's total income during the quarter grew by 29.87 per cent and stood at Rs 4,578.5 crore, Reliance Communications said in a filing to Bombay Stock Exchange.

The company also reported a 73.75 per cent jump in its standalone profit after tax at over Rs 801 crore during the second quarter while the total income grew by 17.3 per cent and stood at Rs 3,329.2 crore.