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.
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