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Tuesday, November 3, 2009

Reliance Communication

Reliance communication net profit halved to Rs 740 crore for the second quarter ended September 30, 2009, against Rs 1531 crore for the same period a year ago. its income marginally declined to Rs 5496 crore from Rs 5536 crore for the corresponding quarter last year despite the customers base growing 53% to 92 million, as average revenue per user fell to Rs 161 from Rs 210 a year ago.

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