Welcome Guest Login | Register | Site Map | | Make TelecomTiger my homepage     
Telecom News
Enterprise |  Policy & Regulation |  Mobiles & Tabs |  Corporate |  VAS |  People Movement  |  Technology  |  LTE
Corporate
RCom Q3 net profit tumbles 43%
TT Correspondent |  |  24 Jan 2013

Reliance Communications (RCom) consolidated third quarter net profit has declined 43.5 per cent to Rs 105 crore, from Rs 186 crore in the same quarter last year

The company said that Revenue has gone up 5% to Rs. 5,301 crore, up 5% from Rs. 5,055 crore in Q3 previous year

EBITDA at Rs. 1,653 crore went up 2.4% from Rs. 1,614 crore in Q3 previous year. EBITDA margin at 31.2%, amongst is the highest in the industry, with strong contribution from both Wireless and GEBU businesses.

Q3 wireless revenue has increased 4.7% y-o-y on comparable basis. Q3 wireless EBITDA up 15% y-o-y on comparable basis.

It said that RPM stood at a healthy 44 paisa. “We have successfully achieved RPM stability for the last 11 consecutive quarters amidst increasing competition and over supply of minutes in market place” it said in a statement.

RCOM said that it generated operational cash flow (EBITDA) of Rs. 1,653crore in Q3. This is the second full year of positive free cash flow (FCF) for the company and this trend shall continue in succeeding years.

For Latest Updates Visit : http://www.facebook.com/pages/TelecomTiger/429104257149437

    
 mail this article    print this article    Show and Post comment
24 Jan 2013(IST)  
Whitepaper
Maintain Business Continuity with Cisco ASR 9000 nV Technology
It is a virtual chassis solution where a pair of ASR 9000 routers acts as a single device by maintaining a single contr...read more
Simplify Your Network with Cisco ASR 9000 nV Technology
With the new Cisco Network Virtualization (nV) technology in the Cisco ASR 9000 Series Aggregation Services Routers, se...read more
Cisco Small Cell Solution: Reduce Costs, Improve Coverage
It is designed to address the challenge of mobile service coverage and to expand network capacity...read more