Reliance Communication net profit declines 58.51% in the June 2008 quarter

Sales rise 10.19% to Rs 3557.97 crore
Net profit of Reliance Communication declined 58.51% to Rs 347.38 crore in the quarter ended June 2008 as against Rs 837.30 crore during the previous quarter ended June 2007. Sales rose 10.19% to Rs 3557.97 crore in the quarter ended June 2008 as against Rs 3228.93 crore during the previous quarter ended June 2007.