RCom net profits seen at Rs 1153.6cr: Motilal Oswal
July 4th, 2009
Motilal Oswal has come out with its earning estimates on telecom sector for the quarter ended June 2009. According to the research firm, Reliance Communications June quarter sales are expected to go up by 5% to Rs 64,29.8 crore on QoQ basis.
The company’s net profit is expected to go down by 15.2% to Rs 1153.6 crore on QoQ basis.