NEW DELHI: Telecom operator Reliance Communications nowadays posted 5.8% rise in consolidated internet profit to Rs 54 crore for the three-month duration ended June 30.
Anil Ambani-led RCom, which nowadays agreed to merge its wi-fi telecom industry with smaller rival Aircel to create the country's fourth-biggest mobile phone operator had posted a internet profit of Rs 51 crore in the same duration a 12 months in the past.
The consolidated general income from operations declined via 4.7% to Rs 5,259 crore within the reported quarter from Rs 5,521 crore it posted in corresponding duration a 12 months in the past.
"Results for quarter impacted by migration of CDMA customers to 4G LTE. RCom 4G LTE services now fully operational across India ," RCom stated in a observation.
The revenue of RCom from Indian operation stood at Rs 4,693 crore, down 2.5% from Rs 4,812 crore in the same duration a 12 months in the past.
The global operations segment of the company registered revenue of Rs 1,185 crore, up via 5.three%, from Rs 1,125 crore in identical duration of 2015-16.
The company stated that its revenue according to minute from telephone calls increased via 1.6% on year-on-year (Y-o-Y) basis while general minutes of usage declined via 4.8% to 10,000 right through the duration below overview.
RCom stated that its revenue according to person increased via 5.7% to Rs 148.
"The total data customer base has grown 9.9% Y-o-Y to 38.9 million including 25.4 million 3G and 4G customers in first quarter," the observation stated.
The general data traffic at 102 billion MB is up 10.4% Y-o-Y, it added.
The shares of RCom closed at Rs 51.05, up via 2.72% on BSE.
Anil Ambani-led RCom, which nowadays agreed to merge its wi-fi telecom industry with smaller rival Aircel to create the country's fourth-biggest mobile phone operator had posted a internet profit of Rs 51 crore in the same duration a 12 months in the past.
The consolidated general income from operations declined via 4.7% to Rs 5,259 crore within the reported quarter from Rs 5,521 crore it posted in corresponding duration a 12 months in the past.
"Results for quarter impacted by migration of CDMA customers to 4G LTE. RCom 4G LTE services now fully operational across India ," RCom stated in a observation.
The revenue of RCom from Indian operation stood at Rs 4,693 crore, down 2.5% from Rs 4,812 crore in the same duration a 12 months in the past.
The global operations segment of the company registered revenue of Rs 1,185 crore, up via 5.three%, from Rs 1,125 crore in identical duration of 2015-16.
The company stated that its revenue according to minute from telephone calls increased via 1.6% on year-on-year (Y-o-Y) basis while general minutes of usage declined via 4.8% to 10,000 right through the duration below overview.
RCom stated that its revenue according to person increased via 5.7% to Rs 148.
"The total data customer base has grown 9.9% Y-o-Y to 38.9 million including 25.4 million 3G and 4G customers in first quarter," the observation stated.
The general data traffic at 102 billion MB is up 10.4% Y-o-Y, it added.
The shares of RCom closed at Rs 51.05, up via 2.72% on BSE.
Relience Communications Q1 profit grows 5.8% at Rs 54 crore
![Relience Communications Q1 profit grows 5.8% at Rs 54 crore]()
Reviewed by Kailash
on
October 24, 2017
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