Reliance Communications Limited (RCOM) has announced its unaudited standalone financial results for the quarter ended December 31, 2025, during a board meeting chaired by its Resolution Professional, Mr. Anish Niranjan Nanavaty. The company reported a total income of ₹43 Crore for the current quarter, reflecting a decline of 34.85% compared to the previous quarter (Q3 FY26 vs Q2 FY26) and a 35.82% drop from the corresponding quarter of the previous year (Q3 FY26 vs Q3 FY25). The loss after tax for the current quarter stood at ₹73 Crore, which is an improvement from the ₹96 Crore loss in the preceding quarter but slightly higher than the ₹72 Crore loss reported in the same period last year. It is important to note that these figures only represent continuing operations; the company recorded a much larger total comprehensive loss of ₹2,401 Crore for the quarter when including discontinued operations and exceptional items, primarily due to provisions for license and spectrum fees.

Financial Result Analysis (Continuing Operations) | Particulars | Q3 FY26 (Current) | Q2 FY26 (Previous) | Q3 FY25 (Last Year) | % Change (QoQ) | % Change (YoY) | | :— | :—: | :—: | :—: | :—: | :—: | | Revenue from Operations | ₹40 Crore | ₹64 Crore | ₹85 Crore | -37.50% | -52.94% | | Total Income | ₹43 Crore | ₹66 Crore | ₹67 Crore | -34.85% | -35.82% | | Profit / (Loss) After Tax | (₹73 Crore) | (₹96 Crore) | (₹72 Crore) | +23.96%* | -1.39%* | *Note: Percentages for Loss reflect the relative increase or decrease in the loss amount.

Reliance Communications Limited is an India-based telecommunications service provider currently undergoing a Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Since June 2019, the company’s affairs and assets have been managed by a Resolution Professional as its board powers remain suspended. Historically a major player in the Indian telecom sector, the company’s operations now largely focus on enterprise services and data centers while its legacy wireless assets are classified as held for sale. Recent developments include the Board’s approval to reclassify Reliance Capital Limited from the ‘Promoter’ category to ‘Public’ category, following Reliance Capital’s own insolvency resolution and disposal of its entire shareholding in RCOM as of December 31, 2025. Furthermore, the company continues to navigate complex legal battles regarding spectrum dues and is cooperating with ongoing investigations by the Serious Fraud Investigation Office (SFIO) concerning historical data from 2008 to 2024.