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Reliance Communications Ltd.

Business Summary

Reliance Communications Ltd. engages in the provision of telecommunication services. It offers enterprise voice, enterprise data and conferencing. The firm operates through the following segments: India Operations and Global Operations. The company was founded on July 31, 2002 and is headquartered in Navi Mumbai, India.

Financial Highlights

Mar 2022 INRUSD
Gross Profit-310M-4.16M
Operating income-1,640M-22.01M
Income before tax-2,320M-31.13M
Net income-2,140M-28.72M
Diluted EPS-24.12-0.32
Dividends Per Share00
Total Assets494,810M6,529.99M
Total liabilities1,097.76B14,487.10M
Total equity-605,730M-7,993.79M
Operating cash flow830M11.13M
Currency in INRCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 45,930M 40,150M 16,850M 7,600M 5,560M
Gross Profit 6,230M 5,410M 190M -470M -310M
Operating income 890M -3,810M -4,530M -2,090M -1,640M
Income before tax -30M 15,580M -107,970M -2,000M -2,320M
Net income 490M -8,790M -108,010M -1,900M -2,140M
EBITDA 8,100M 4,390M -990M -550M -130M
Diluted EPS -92.30 -26.34 -155.49 -21.10 -24.12
Dividends Per Share 0 0 0 0 0
Total Assets 752,630M 685,610M 493,700M 494,830M 494,810M
Total liabilities 721,480M 724,190M 972,100M 1,030.95B 1,097.76B
Total equity 27,830M -41,800M -481,560M -539,060M -605,730M
Operating cash flow -4,070M -7,000M -170M 2,870M 830M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 712.46M 574.04M 237.63M 102.37M 74.62M
Gross Profit 96.64M 77.34M 2.67M -6.33M -4.16M
Operating income 13.80M -54.47M -63.88M -28.15M -22.01M
Income before tax -0.46M 222.75M -1,522.72M -26.94M -31.13M
Net income 7.60M -125.67M -1,523.28M -25.59M -28.72M
EBITDA 125.64M 62.76M -13.96M -7.40M -1.74M
Diluted EPS -1.43 -0.37 -2.19 -0.28 -0.32
Dividends Per Share 0 0 0 0 0
Total Assets 11,539.56M 9,896.93M 6,525.99M 6,767.94M 6,529.99M
Total liabilities 11,061.96M 10,453.84M 12,849.75M 14,100.63M 14,487.10M
Total equity 426.69M -603.39M -6,365.52M -7,372.89M -7,993.79M
Operating cash flow -63.13M -100.08M -2.39M 38.66M 11.13M

Valuation Measures

Mar 2022
Operating margin-29.49%
Profit margin-38.48%

Key executives

  • Chief Financial Officer & Executive Director: Viswanath Devaraja Rao
  • Secretary & Chief Compliance Officer: Rakesh Gupta
  • Chief Accounts Officer & Senior Vice President: Shrenik Vaishnav


  • Life Insurance Corporation of India (Investment Portfolio) (4.3%)
  • AMBANI FAMILY (3.6%)
  • Reliance Capital Ltd. (1.0%)
  • Government of India (0.8%)
  • AMBANI KOKILA D (0.1%)
  • AMBANI TINA A (0.0%)

Contact Details

  • Website:
  • Address: H Block, Dhirubhai Ambani Knowledge City, Navi Mumbai, 400710, India
  • Phone: +91.22.30386286

Related Companies

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  • Flag Telecom Asia Ltd.
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  • Reliance Mobile Ltd.
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  • Reliance Infocom BV
  • Reliance Infratel Ltd.
  • Reliance Digital TV Pvt Ltd.
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  • Reliance Wimax Ltd.
  • Reliance Globalcom Services, Inc.
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    Last Updated on 5 Dec, 2022

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