RCOM Q1 FY27 results: loss narrows but CIRP continues with going concern doubt
RCOM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Reliance Communications posted Q1 FY27 (June 2026) standalone revenue of Rs 56 crore vs Rs 61 crore YoY. Continuing operations swung to Rs 274 crore profit after a Rs 290 crore exceptional gain on de-subsidiarisation. Discontinued operations posted Rs 937 crore loss. Total comprehensive loss was Rs 663 crore. Company remains under CIRP since 2019 with the RP managing affairs. Auditor flagged multiple qualifications including non-provision of Rs 1,134 crore interest and Rs 35 crore forex variation, and material uncertainty on going concern.
CIRP continues since 2019 with resolution plan pending approval. Unprovided liabilities of about Rs 46,160 crore mean real shareholder value remains highly uncertain.