RCOM posts results for the fourth quarter ended March 31, 2013
Reliance Communications (RCOM) has posted its results for the fourth quarter ended March 31, 2013.
The operator’s net profit has declined from Rs 3.32 billion for the fourth quarter ended March 31, 2012 to Rs 3.03 billion for the corresponding period in 2013. Its revenues on a year-on-year basis have increased from Rs 50.10 billion in the fourth quarter ended March 31, 2012 to Rs 51.30 billion in the fourth quarter ended March 31, 2013.
For the period under review, the operator’s revenue per minute stood at Re 0.44. For the full year ended March 31, 2013, the company’s net profit declined by 27.58 per cent from Rs 9.28 billion a year earlier to Rs 6.72 billion. For the full year ended March 31, 2013, RCOM’s income increased by 4.5 per cent from Rs 196.77 billion to Rs 205.61 billion.
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