Reliance Communications (RCOM) has posted its consolidated financial results for the quarter ended September 30, 2013.

Key financial highlights:

• The company’s operating revenue stood at Rs 53.94 billion in the period under consideration, a 3.7 per cent increase from Rs 52.02 billion in the second quarter of the previous year.
• Operating EBITDA stood at Rs 18.87 billion, a 15.2 per cent increase from Rs 16.38 billion in the second quarter of the previous year.
• The company registered a net profit of Rs 2.34 billion, a 129.4 per cent increase from Rs 1.02 billion in the second quarter of the previous year.
• Revenues from its Indian operations registered a 5.4 per cent year-on-year increase, from Rs 43.87 billion in the second quarter of the previous year to Rs 46.24 billion in the period under consideration.
• Revenues from its global operations declined by 0.3 per cent year-on-year, from Rs 11.43 billion in the second quarter of the previous year to Rs 11.39 billion in the period under consideration.
• RCOM generated operational cash flow (EBITDA) of Rs 23.28 billion in the second quarter, paid net finance charges of Rs 6.76 billion and invested Rs 3.64 billion on capex during the quarter. It remains free cash flow (FCF) positive and this is expected to continue.

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