Reliance Communications Earnings
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Jio Launches JioPOS Lite App Allowing Regular Subscribers to Recharge Other Users and Earn Commission
Jio has launched a new JioPOS Lite community recharge app in India. This app is available on Google Play Store and it allows any individual to become a Jio Partner and perform prepaid recharges for other Jio subscribers and earn money.
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RCom In The Red For 7th Quarter In Row But April-June Loss Narrows
Reliance Communications said its loss narrowed in the first quarter and it is confident of closing the debt resolution process by September-end.
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Jio Effect: Reliance Communications Posts Third Consecutive Quarterly Loss
RCom, controlled by billionaire Anil Ambani, has won a reprieve on its debt until the end of the year as it works on two asset sale deals that it expects will reduce its $7 billion debt by about 60 percent.
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Anil Ambani's Reliance Communications Hit By Debt, Competition
Subscribers have dwindled in the past five years as larger rivals such as Bharti Airtel Ltd. and Vodafone Plc slashed call rates and offered higher speed data.
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RCom Posts Loss Of Rs 966 Crore In Q4, Hit By Price War
Reliance Communications said it made a consolidated net loss of Rs 966 crore ($149.8 million) for its fiscal fourth quarter to March 31, compared with a Rs 90 crore net profit in the corresponding period a year earlier.
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Sensex Falls For Second Day; PSU Bank, Pharma Stocks Weigh
Reliance Communications shares slump 10 per cent hits record low of Rs 25.30 on reports that company's credit rating was cut as the carrier struggles to compete in mobile-phone market.
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Reliance Jio Effect: Reliance Communications Reports Net Loss as Competition Increases
Due to Reliance Jio's free services, RCom reported a decline of 0.6 percent in ARPU to Rs. 154 and drop of 10 percent in data traffic as against the previous quarter.
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Reliance Communications Q2 Net Profit Plunges 80% To Rs 39 Crore
Total income of RCom declined by 4.33 per cent to Rs 5,100 crore in the reported quarter from Rs 5,331 in the corresponding period of 2015-16.
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Reliance Communications Posts Nearly 6% Rise In Q1 Profit
Telecom operator Reliance Communications on Wednesday posted a 5.8 per cent rise in consolidated net profit at Rs 54 crore for the quarter ended June 30, 2016.
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Reliance Communications Q4 Net Profit Falls 22%
Reliance Communications Ltd on Monday posted a 22 percent fall in its fourth-quarter net profit, hurt by lower revenue from voice and data services.
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Reliance Communications Posts Smaller Than Expected Profit Fall
Telecom company Reliance Communications posted a smaller than expected 14.9 per cent drop in quarterly net profit on Friday despite squeezed margins in its highly competitive domestic market.
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Sensex Set For Gap Up Opening; Idea, InterGlobe in Focus
Domestically stocks like Idea Cellular, InterGlobe Aviation will react to their earnings and market will also look for cues from ITC, Cairn India, Reliance Communication, which report their earnings today.
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RCom Q2 Net At Rs 153 Crore, Misses Estimate
The company, controlled by billionaire Anil Ambani, said its total net profit in the second quarter rose to Rs 156 crores, from Rs 153 crore it earned last year.
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Reliance Communications Posts 34% Rise in Q1 Profit
Reliance Communications Ltd, India's fourth biggest mobile phone carrier, announced a 34 per cent rise in quarterly profit on Friday, but missed analysts' expectations as regulatory changes hit its core voice business.
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Reliance Communications Q4 Profit Up 46%
The company, controlled by tycoon Anil Ambani, made Rs 228 crore in profit during the quarter eneded March 31 2015, compared with 1.56 billion rupees the same quarter last year. Analysts were expecting it to make Rs 204 crore, as per Thomson Reuters data.
-
Jio Launches JioPOS Lite App Allowing Regular Subscribers to Recharge Other Users and Earn Commission
Jio has launched a new JioPOS Lite community recharge app in India. This app is available on Google Play Store and it allows any individual to become a Jio Partner and perform prepaid recharges for other Jio subscribers and earn money.
-
RCom In The Red For 7th Quarter In Row But April-June Loss Narrows
Reliance Communications said its loss narrowed in the first quarter and it is confident of closing the debt resolution process by September-end.
-
Jio Effect: Reliance Communications Posts Third Consecutive Quarterly Loss
RCom, controlled by billionaire Anil Ambani, has won a reprieve on its debt until the end of the year as it works on two asset sale deals that it expects will reduce its $7 billion debt by about 60 percent.
-
Anil Ambani's Reliance Communications Hit By Debt, Competition
Subscribers have dwindled in the past five years as larger rivals such as Bharti Airtel Ltd. and Vodafone Plc slashed call rates and offered higher speed data.
-
RCom Posts Loss Of Rs 966 Crore In Q4, Hit By Price War
Reliance Communications said it made a consolidated net loss of Rs 966 crore ($149.8 million) for its fiscal fourth quarter to March 31, compared with a Rs 90 crore net profit in the corresponding period a year earlier.
-
Sensex Falls For Second Day; PSU Bank, Pharma Stocks Weigh
Reliance Communications shares slump 10 per cent hits record low of Rs 25.30 on reports that company's credit rating was cut as the carrier struggles to compete in mobile-phone market.
-
Reliance Jio Effect: Reliance Communications Reports Net Loss as Competition Increases
Due to Reliance Jio's free services, RCom reported a decline of 0.6 percent in ARPU to Rs. 154 and drop of 10 percent in data traffic as against the previous quarter.
-
Reliance Communications Q2 Net Profit Plunges 80% To Rs 39 Crore
Total income of RCom declined by 4.33 per cent to Rs 5,100 crore in the reported quarter from Rs 5,331 in the corresponding period of 2015-16.
-
Reliance Communications Posts Nearly 6% Rise In Q1 Profit
Telecom operator Reliance Communications on Wednesday posted a 5.8 per cent rise in consolidated net profit at Rs 54 crore for the quarter ended June 30, 2016.
-
Reliance Communications Q4 Net Profit Falls 22%
Reliance Communications Ltd on Monday posted a 22 percent fall in its fourth-quarter net profit, hurt by lower revenue from voice and data services.
-
Reliance Communications Posts Smaller Than Expected Profit Fall
Telecom company Reliance Communications posted a smaller than expected 14.9 per cent drop in quarterly net profit on Friday despite squeezed margins in its highly competitive domestic market.
-
Sensex Set For Gap Up Opening; Idea, InterGlobe in Focus
Domestically stocks like Idea Cellular, InterGlobe Aviation will react to their earnings and market will also look for cues from ITC, Cairn India, Reliance Communication, which report their earnings today.
-
RCom Q2 Net At Rs 153 Crore, Misses Estimate
The company, controlled by billionaire Anil Ambani, said its total net profit in the second quarter rose to Rs 156 crores, from Rs 153 crore it earned last year.
-
Reliance Communications Posts 34% Rise in Q1 Profit
Reliance Communications Ltd, India's fourth biggest mobile phone carrier, announced a 34 per cent rise in quarterly profit on Friday, but missed analysts' expectations as regulatory changes hit its core voice business.
-
Reliance Communications Q4 Profit Up 46%
The company, controlled by tycoon Anil Ambani, made Rs 228 crore in profit during the quarter eneded March 31 2015, compared with 1.56 billion rupees the same quarter last year. Analysts were expecting it to make Rs 204 crore, as per Thomson Reuters data.
