Reliance Communications Second Quarter Net Profit Jumps To Rs 6,798 Crore

INSUBCONTINENT EXCLUSIVE:
Rcom's revenue from operations fell 41.7 per cent to Rs 334 crore.NEW DELHI: Reliance Communications Ltd posted a sharp rise in its
quarterly profit on Saturday, as it recorded a one-time gain.Net profit for the July-September quarter came in at Rs 6,798 crore ($939
million), compared to a profit of Rs 42 crore a year earlier.Revenue from operations fell 41.7 per cent to Rs 334 crore.The company said
earlier this year that it had completed the sale of its fibre assets to Reliance Jio, the telecoms arm of oil-to-telecoms conglomerate
Reliance Industries Ltd.($1 = 72.4350 Indian rupees)Disclaimer: TheIndianSubcontinent has been sued for 10,000 crores by Anil Ambani's
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