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Vodafone’s H1 revenues up 13.3 percent
TT Correspondent |  |  15 Nov 2012

Telecom major Vodafone India said on Wednesday that its revenue registered an increase of 13.3 per cent to Rs. 17,580 crore for the six months ended September 30, 2012.

It said that the robust performance was backed by wide distribution and prudent pricing.

The company reported EBITDA at Rs. 49,930 million in H1 FY 13 compared to Rs.  39,638 million in H1 FY12 , a margin improvement of 2.8 ppt from 25.6% to 28.4%

It said that it has a servicing base of 153 million customers through a network of over 112,900 sites.

The company increased rural penetration; 73 million rural subscribers. It achieved highest incremental revenue market share of 30.3% in Q1 FY13 (YoY)

It reported browsing revenue at Rs. 8,751 million in H1 FY13, 50% growth YoY. The company continued focus on data supported by innovative and strategic partnerships with terminal and application providers.

The company registered 39 per cent growth in operating free cash flow at Rs 3,380 crore as compared to Rs 2,430 crore in the same period last year.

Capex spend of INR 17,047 million in H1 FY13 compared to Rs, 24,261 million in H1 FY12 due to cautious site rollout in view of regulatory uncertainty and challenging economic conditions.

“We continue to show a healthy growth with a strong financial performance resulting in remarkable margin improvement of 2.8ppt YoY (H1). The industry continues to be under pressure owing to a challenging economic environment and regulation. Despite these challenges, we remain focused on enhancing our profitability and our long-term commitment to differentiate ourselves with a strong brand, the best quality network, unique distribution and great customer service”, said Marten Pieter’s, Managing Director & CEO and Vodafone India.
 

    
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15 Nov 2012(IST)  
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