RCOM
Reliance Communications financials
- Market cap
- ₹279 Cr
- Sector
- Telecommunication
Quarterly results
Q1 FY27: revenue down 10.8%, net profit up 68.4% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 88 | 87 | 87 | 83 | 87 −1% | 63 −28% | 81 −7% | 74 −11% |
| EBITDA | 2 | -31 | 2 | -2 | -54 −2800% | -32 −3% | -105 −5350% | 20 +1100% |
| Net profit | -2,286 | -2,379 | -2,502 | -2,560 | -2,701 −18% | -2,767 −16% | -3,097 −24% | -809 +68% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −24.6% 1Y
1Y: ₹1.34 on 10 Sept 2025 → ₹1.01. High ₹1.47 (6 Oct 2025), low ₹0.76 (30 Mar 2026).
Financials, as filed
Revenue fell 13.1% a year over 3 years, FY23 to FY26. Operating margin narrowed to -61.5%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹479 Cr | ₹383 Cr | ₹359 Cr | ₹314 Cr |
| Operating profit | ₹-19 Cr | ₹-11 Cr | ₹-13 Cr | ₹-193 Cr |
| Operating margin | -4.0% | -2.9% | -3.6% | -61.5% |
| Interest | ₹47 Cr | ₹47 Cr | ₹45 Cr | ₹44 Cr |
| Depreciation | ₹136 Cr | ₹127 Cr | ₹117 Cr | ₹112 Cr |
| Net profit | ₹-14.8k Cr | ₹-7.2k Cr | ₹-9.4k Cr | ₹-11.1k Cr |
| Net margin | -3086.4% | -1883.0% | -2614.8% | -3543.0% |
| Cash from operations | ₹-64 Cr | ₹-40 Cr | ₹26 Cr | ₹-14 Cr |
| Free cash flow | ₹-63 Cr | ₹34 Cr | ₹26 Cr | ₹-14 Cr |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹1.4k Cr | ₹1.4k Cr | ₹1.4k Cr | ₹1.4k Cr | ₹1.4k Cr | ₹1.4k Cr |
| Reserves | ₹-55.3k Cr | ₹-62.0k Cr | ₹-76.3k Cr | ₹-83.5k Cr | ₹-98.1k Cr | ₹-103.9k Cr |
| Borrowings | ₹45.6k Cr | ₹45.6k Cr | ₹47.3k Cr | ₹47.2k Cr | ₹47.2k Cr | ₹47.2k Cr |
| Other liabilities | ₹56.1k Cr | ₹62.5k Cr | ₹64.4k Cr | ₹71.4k Cr | ₹85.9k Cr | ₹91.7k Cr |
| Total liabilities | ₹47.8k Cr | ₹47.5k Cr | ₹36.8k Cr | ₹36.5k Cr | ₹36.4k Cr | ₹36.3k Cr |
| Fixed assets | ₹3.6k Cr | ₹3.5k Cr | ₹3.1k Cr | ₹2.9k Cr | ₹2.7k Cr | ₹2.6k Cr |
| Capital work in progress | ₹196 Cr | ₹158 Cr | ₹69 Cr | ₹64 Cr | ₹53 Cr | ₹53 Cr |
| Investments | ₹57 Cr | ₹50 Cr | ₹56 Cr | ₹35 Cr | ₹37 Cr | ₹40 Cr |
| Other assets | ₹44.0k Cr | ₹43.9k Cr | ₹33.6k Cr | ₹33.6k Cr | ₹33.6k Cr | ₹33.6k Cr |
| Total assets | ₹47.8k Cr | ₹47.5k Cr | ₹36.8k Cr | ₹36.5k Cr | ₹36.4k Cr | ₹36.3k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Mar 2026
The ownership split has held steady since Mar 2025.
- Promoters
- 0.8%
- FIIs
- 0.1%
- DIIs
- 4.4%
- Government
- 0.0%
- Public
- 94.0%
- Others
- 0.8%
Since Mar 2025
- Public +0.01 pp
- Promoters 0.00 pp
- FIIs 0.00 pp
How it drifted, 12 quarters
Over this window the public went from 92.8% to 94.0% — +1.2 pp.
Ownership split by quarter, oldest first. Jun '23: Promoters 1.9%, FIIs 0.1%, DIIs 4.4%, Government 0.0%, Public 92.8%, Others 0.8%.Sep '23: Promoters 1.9%, FIIs 0.1%, DIIs 4.4%, Government 0.0%, Public 92.8%, Others 0.8%.Dec '23: Promoters 1.9%, FIIs 0.1%, DIIs 4.4%, Government 0.0%, Public 92.8%, Others 0.8%.Mar '24: Promoters 1.9%, FIIs 0.1%, DIIs 4.4%, Government 0.0%, Public 92.8%, Others 0.8%.Jun '24: Promoters 1.9%, FIIs 0.1%, DIIs 4.4%, Government 0.0%, Public 92.9%, Others 0.8%.Sep '24: Promoters 1.9%, FIIs 0.1%, DIIs 4.4%, Government 0.0%, Public 92.9%, Others 0.8%.Dec '24: Promoters 1.9%, FIIs 0.1%, DIIs 4.4%, Government 0.0%, Public 92.9%, Others 0.8%.Mar '25: Promoters 0.8%, FIIs 0.1%, DIIs 4.4%, Government 0.0%, Public 94.0%, Others 0.8%.Jun '25: Promoters 0.8%, FIIs 0.1%, DIIs 4.4%, Government 0.0%, Public 94.0%, Others 0.8%.Sep '25: Promoters 0.8%, FIIs 0.1%, DIIs 4.4%, Government 0.0%, Public 94.0%, Others 0.8%.Dec '25: Promoters 0.8%, FIIs 0.1%, DIIs 4.4%, Government 0.0%, Public 94.0%, Others 0.8%.Mar '26: Promoters 0.8%, FIIs 0.1%, DIIs 4.4%, Government 0.0%, Public 94.0%, Others 0.8%.
Who is on the register
Named in the Mar 2026 filing
Every holder of Reliance Communications Limited above SEBI's 1% disclosure line, and what changed since Dec 2025.
| Holder | Stake | Change |
|---|---|---|
| Life Insurance Corporation Of India Insurer | 4.13% | unchanged |
| Rwtipl Industries Private Limited | 0.31% | unchanged |
| Smt.Kokila D. Ambani | 0.17% | unchanged |
| Shri Anil D. Ambani | 0.07% | unchanged |
| Tina A Ambani | 0.06% | unchanged |
| Jai Anmol A Ambani | 0.06% | unchanged |
| Dhwani Enterprises Llp | 0.05% | unchanged |
| Guruvas Commercials Llp | 0.05% | unchanged |
| Reliance Innoventures Pvt.Ltd. | 0.00% | unchanged |
| Jai Anshul A Ambani | 0.00% | unchanged |
| Reliance Ornatus Enterprises And Ventures Private Limited | 0.00% | unchanged |
| Shreeji Comtrade LLP | 0.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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