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RCom Q1 profit rises 34.1% at Rs 177 cr

By Religare

Telecom operator Reliance Communications Ltd (RCom) has reported a growth of 34.1 per cent in its consolidated net profit after taxes (PAT) at Rs 177 crore for the first quarter ended June 30, 2015, but missed analyst expectations as regulatory changes hit its core voice business.

"The consolidated net profit of the Anil Ambani led company stood at Rs 132 crore during the same period a year ago," said Reliance Communications Ltd in a filing to the Bombay Stock Exchange.


The consolidated total income of the company, India's fourth-biggest mobile carrier by customers, witnessed a marginal increase of 0.3 per cent at Rs 5,541 crore during Q1 2015-16, as compared to Rs 5,523 crore during the same period last year.

During the April-June quarter of FY16, the company's net income from operations increased to Rs 5,429 crore, as compared to Rs 5,290 crore in Q1 FY 2015.

The company said its Q1 EBITDA stood at Rs 1,875 crore, up 0.7 per cent from Rs 1,863 crore in Q1 previous year.

RCom said its Average revenue per user (ARPU) stood at Rs 140, up 2.9 per cent Y-o-Y.

Moreover, company's total data customer base has grown 23.8 per cent Y-o-Y to 35.4 million including 17.9 million 3G customers in Q1.

Also, the total data traffic at 92.8 billion MB, up 68 per cent Y-o-Y. The traffic has increased due to increase in data subscribers and higher data usage per customer, the company said in a statement.

Meanwhile, shares of the company ended Friday's trade at Rs 60.90 apiece, up 0.83 per cent, from previous close on BSE.

Story first published: Monday, August 17, 2015, 9:40 [IST]
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