In the quarter where Vodafone completed the buyout of its Indian arm, it reported India service revenue of £1.04 billion for the quarter ended March 31, 2014, registering an 11% growth from £937 million in the previous quarter and a 22.1% growth from £848 million in the same quarter last year. For the year ended March 31, 2014, the total service revenue was at £3.93 billion, up marginally from £3.88 billion service revenue in the previous year. The adjusted profit however increased by 60.2% to £354 million for FY14, from £221 million profit in the previous year. EBITDA was at £1.40 billion, up 12.7% year-on-year (YoY). At constant exchange rates, Vodafone informed that the service revenue grew by 13% YoY while the adjusted profit grew by 83.3% YoY. This was due to greater usage of voice and data traffic along with an increase in voice tariff. - Mobile in-bundle revenue increased by 13.3% YoY to £162 million from £143 million in the previous quarter. Mobile out-bundle revenue however declined by 2.9% to £597 million from £615 million last quarter. The mobile incoming revenues was almost flat at £163 million, from £162 million in the previous quarter. For the FY13, Mobile in-bundle revenue was up 13.97% YoY to £612 million from £537 million in the previous year, while the Mobile out-bundle revenue was almost flat at £2.518 billion from £2.513 billion in the previous year. The incoming revenue however saw a marginal 1.5% decline to £679 million for the year from £687 million in FY13. Mobile In-bundle revenue represents revenues from bundles that include a specific…
