(By Preethi J & Nikhil Pahwa) Reliance Communications recorded a consolidated net profit of Rs 14,543.1 million, down 3.25% from the same quarter last year. For the year, net profit was up 9.4% to Rs 59,075.5 million from Rs 54,011.4 million recorded for FY08. Net Income from operations is Rs. 55,228 million, up by 11.6% from Rs.49487 million for the corresponding quarter last fiscal. Its EBITDA has risen by 13.3% to Rs. 92,880 million and EBITDA margin is stable at 40.5%. More: Quarter on Quarter changes for FY08 and FY09 RCOM owns the mobile business, telecom business Reliance Infratel, international arm Globalcom under which subsidiaries Flag, Vanco and Yipes exist, Enterprise division which offers broadband, leased lines, VPNs to corporates and Home - the DTH (Big TV) and IPTV. Other businesses under it include technology services, BPO and retail (RWorld and Reliance Mobile Stores). Details: Release | Consolidated Financials | Standalone Financials Segment-wise Results It's interesting to note that the revenue contribution of Reliance Globalcom to RCOM revenues is growing significantly. Detailed segment-wise results are here. Globalcom To Expand To Bahrain; Vanco-Flag Team Up Globalcom's revenue grew by almost 12% in the quarter to Rs 18,803 million. It's profits (before tax) grew by 26% to Rs 2,858.6 million from the previous quarter. Globalcom is expanding its retail footprint to new territories such as Bahrain and will launch audio and video conferencing for corporates, an investor presentation dated February has said. Vanco, a subsidiary under the division, has over 220 multinational clients. Combining…
Q4-09: RCOM Q4 Net Profit Drops By 3% To Rs. 14.54 Bn; Broadband Profits Rebound To 9%; Churn & ARPU Down; 11.3 M Wireless Subs Added
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