Mumbai : Reliance Communications (R-COM) Friday reported a marginal rise in its revenues for the first quarter of 2010-11 at Rs.5,109 crore, against Rs.5,093 crore for the quarter ended March 31 but said its profits declined due to exchange variations. The company, a part of the Reliance Anil Dhirubhai Ambai Group (R-ADAG), said in a filing with stock exchanges that its profit after tax stood at Rs.251 crore for the quarter in review, against Rs.1,220 crore in the previous sequential quarter. The earnings before tax, depreciation and amortisation was, nevertheless, 1.9 percent higher at...Full Story