Reliance Comm Q1 net profit up at Rs 1221 cr

Reliance Communication has declared its Q1 FY08 results. The company has registered net profit of Rs 1221 crore in the first qtr versus Rs 1024.4 crore on QoQ basis.

During the cooresponding quarters, its revenues were at Rs 4304 crore versus Rs 3936.9 crore, QoQ. Its EBIDTA margin stood at 42.1% versus 41.5% on QoQ basis.