Reliance Communications Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 920 million compared to INR 1,110 million a year ago. Revenue was INR 1,040 million compared to INR 1,230 million a year ago. Net loss was INR 21,270 million compared to INR 18,820 million a year ago. Basic loss per share from continuing operations was INR 0.14 compared to basic earnings per share from continuing operations of INR 0.01 a year ago. Basic loss per share was INR 7.75 compared to INR 6.86 a year ago.
For the full year, sales was INR 3,830 million compared to INR 4,790 million a year ago. Revenue was INR 4,550 million compared to INR 5,050 million a year ago. Net loss was INR 72,120 million compared to INR 144,990 million a year ago. Basic loss per share from continuing operations was INR 0.37 compared to INR 1.01 a year ago. Basic loss per share was INR 26.28 compared to INR 52.83 a year ago.