Anil Dhirubhai Ambani-promoted Reliance Communications (RCom) reported a 2.73 per cent rise in its consolidated net profit at Rs 1,410.31 crore for the quarter ended December 31, 2008, as compared with Rs 1,372.83 crore in the corresponding period a year ago.
Total income of the company rose 23.15 per cent at Rs 5,881.82 crore for the quarter under review, as against Rs 4,776.26 crore. For the nine-month period ended December 31, 2008, the company registered a 14.25 per cent rise in net profit at Rs 4,453.24 crore as compared to Rs 3,897.88 crore. Total income in the nine-month period rose to Rs 16,436.85 crore from 13,577.38 crore a year ago. In a filing with the Bombay Stock Exchange, Reliance Communications said that it has bought back and cancelled 250 foreign-currency convertible bonds, each with a face value of $100,000, during the quarter under review. The FCCBs were redeemed at a discount, translating into a saving of Rs 63.75 crore, which has been reflected in the other income of the firm. During the quarter, the company has also launched mobile services using GSM technology. --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Kences1" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/kences1?hl=en -~----------~----~----~----~------~----~------~--~---
