Reliance Communications Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 1,110 million compared to INR 1,250 million a year ago. Revenue was INR 1,230 million compared to INR 1,330 million a year ago. Net loss was INR 18,820 million compared to INR 17,000 million a year ago. Basic earnings per share from continuing operations was INR 0.01 compared to basic loss per share from continuing operations of INR 0.23 a year ago. Basic loss per share was INR 6.86 compared to INR 6.2 a year ago.
For the full year, sales was INR 4,790 million compared to INR 5,560 million a year ago. Revenue was INR 5,050 million compared to INR 5,840 million a year ago. Net loss was INR 144,990 million compared to INR 66,200 million a year ago. Basic loss per share from continuing operations was INR 1.01 compared to INR 0.84 a year ago. Basic loss per share was INR 52.83 compared to INR 24.12 a year ago.