Reliance Communications Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
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Reliance Communications Limited (RCOM) has submitted its unaudited standalone and consolidated financial results for the quarter ended December 31, 2025. The company has been under Corporate Insolvency Resolution Process (CIRP) since June 28, 2019, with Mr. Anish Niranjan Nanavaty serving as the Resolution Professional. The results show revenue from operations of Rs. 40 crore for Q3 FY26, down sharply from Rs. 65 crore in the corresponding quarter of the previous year (approximately 38% decline), and a net loss of approximately Rs. 73 crore. The limited review report contains qualifications, including an explicit emphasis of matter regarding material uncertainty about the company's ability to continue as a going concern. Meanwhile, the resolution plan submitted by IIHL (IndusInd International Holdings Ltd.) has been approved by the NCLT, with management and control of RCL vested with IIHL effective March 19, 2025.
The company remains under insolvency proceedings with continued financial losses, declining revenues, and a qualified audit opinion citing going concern uncertainty—posing significant risks for shareholders and creditors. However, the implementation of the IIHL-approved resolution plan offers a potential pathway to revival and resolution of the company's distressed financial position.