Reliance Communications (RCom) controlled by billionaire Anil Ambani, on Tuesday reported consolidated net profit at Rs. 675 crore for second quarter.

Excluding the write-back, net profit was Rs. 234 crore, higher than analysts' estimate of Rs. 146 crore on average. Profit rose for the first time in five quarters.

Operating EBITDA at Rs. 1,887 crore(excluding  provision write back of Rs. 441 crore), up 15.2% from Rs.1,638  crore in Q2 previous  year. EBITDA margin  at 35.0%,  amongst  the highest  in the industry, with strong contribution from both India and Global businesses.

Global Operations Revenue & EBITDA: Q2 Revenues at Rs. 1,139 crore, down by 0.3% from Rs. 1,143 crore in Q2 previous year. Q2 EBIDTA at Rs.246 crore, up by 15.5% Y-O-Y. Q2 EBITDA margin stands at 21.6%.

RCOM generated operational cash flow (EBITDA) of Rs. 2,328 crore in Q2, paid net finance charges of Rs. 676 crore and invested Rs. 364 crore on capex during the quarter. It remains free cash flow (FCF) positive and this is expected to continue.

The total data traffic up 116% y-o-y at 37,570 million MB. The traffic has increased due to increase in data subscribers and higher data usage per customer.

Data Customers: The total data customer base has grown 30.8% y-o-y to 34 million including 9.1 million 3G customers in Q2.

The business of RCOM has been re-organized into two strategic customer-facing geographical business units: India and Global Operations. It has no impact on consolidated financials of the Company including consolidated revenue and EBITDA.   This simplified segment reporting will lead to enhanced transparency and disclosures of the financial performance of the company.

RCOM  tied  up  with  Apple  to  offer  iPhone 5c  and 5s  with attractive  customer offerings: RCOM announced a revolutionary Apple iPhone offer that promises to change the way people buy the iconic Smartphone in India. The Company has announced two game-changing offers, just Rs 2,599 per month for the iPhone 5c and Rs 2,999 per month for the iPhone 5s, both for a duration of 24 months, which include the handset cost, unlimited local and STD calls, SMS’, national roaming and 3G data. And in another first in India, ever, RCOM is offering these much-awaited iPhone models at no down payment.

Furthermore, under this unique offer, Apple iPhone 5c and iPhone 5s customers will not receive any usage bill for 24 months, as the monthly payments include all usage charges. Only international calls and international roaming charges will have to be paid for.