Tuesday, September 08, 2009

Reliance DTH Under Loss

Reliance Communications which has been silent on giving out numbers on the performance of its subsidiaries [Reliance Big TV DTH] had to disclose its Accounts when we demanded through the Ministry of Corporate Affairs.

Reliance big TV DTH business generated revenue and net loss of Rs1.1b and Rs0.8b respectively over an asset base of Rs3.4b.

RITL's revenue and net profit were Rs49.3b and Rs16.9b respect. over an asset base of Rs207.6b