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Reliance Communications Announces Q3 Results

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Reliance Communications Announces Q3 Results

Reliance Communications has announced its consolidated quarter (Q3) financial results ending December 31, 2012. RCOM Q3 total revenues has increased at Rs. 5,301 crore , upto 5% from Rs. 5,055 crore in Q3 previous year. Q3 EBIDTA has gone up at Rs. 1,653 crore, with EBITDA margin of 31.2% amongst the highest in the industry, with contribution from both Wireless and GEBU businesses.

RCOM had a net profit of Rs.105 crore. RPM stood at a healthy 44 paisa. Global Enterprise (GEBU) Q3 Revenues at Rs. 2,454 crore has gone up by 4.4% from Rs. 2,352 crore in Q3 previous year. Q3 EBIDTA at Rs. 567 crore went down by 0.4% from Rs. 569 crore in Q3 previous year. Q3 EBITDA margin stood at 23.1%. RCOM generated operational cash flow (EBITDA) of Rs. 1,653 crore in Q3.

RCOM and Alcatel-Lucent entered into first of its kind end-to-end customer experience management contract with a potential value of around USD 1 Billion. As part of this partnership, Alcatel-Lucent will provide all-comprehensive and value-enhancing management to RCOM’s networks and services in the Eastern and the Southern regions of the country to deliver a voice and data communications experience to customers.

RCOM won the EMC Transformers Award 2012 for building next generation BIG DATA Analytics Platform for near Real Time Reporting, using Open Source Technologies, by RCOM’s internal IT division. RCOM won the Aegis Graham Bell Awards 2012 for “Best Broadband Data Network”.Â