Friday, February 12 2016

Home > News > Business India News

Reliance Communications records Rs. 156 cr net profit in Q4

Posted on May 02 2014 | IBNS

Mumbai, May 2 : Reliance Communications Limited (RCOM) on Friday announced its consolidated financial results for the quarter ended March 31, 2014, where it posted its revenue it posted its net profit at Rs. 156 crore, which is up 43.9 percent from Rs. 108 crore in Q3.

"Net Profit at Rs. 156 crore, up 43.9pc from Rs. 108 crore in Q3," the company said in a statement.

The company's revenue stood at Rs. 5,671 crore, which is up 5.0 percent from Rs. 5,403 crore in Q3.

RCOM said its EBITDA stood at Rs. 1,852 crore, up 0.4 percent from Rs.1,845 crore in Q3.

"EBITDA margin at 32.7pc , amongst the highest in the industry, with strong contribution from both India and Global businesses," the company said.

Key Highlights for Q4FY14:

1. Consolidated Revenue and EBITDA: RCOM Q4 consolidated revenue at Rs. 5,671 crore, up 5.0pc from Rs. 5,403 crore in Q3. Q4 EBITDA at Rs. 1,852 crore, with EBITDA margin of 32.7pc amongst the highest in the industry.

2. India Operations Revenue and EBITDA: Q4 India Operations revenue at Rs. 4,649 crore, up 0.3pc Q-O-Q from Rs.4,637 cr in Q3. Q4 India Operations EBITDA at Rs. 1,659 crore, up 3.2pc Q-O-Q.

3. Global Operations Revenue and EBITDA: Q4 Revenues at Rs. 1,261 crore, up by 15.7pc from Rs. 1,090 crore in Q3. Q4 EBIDTA at Rs.193 crore, margin stands at 15.3pc .

4. RCOM continues to be free cash flow positive. RCOM generated operational cash flow (EBITDA) of Rs. 1,852 crore in Q4, paid net finance charges of Rs. 907 crore and invested Rs. 467 crore on capex during the quarter. It remains free cash flow (FCF) positive and this is expected to continue.

Latest News: