Reliance Communications FY2007 Results

Reliance Communications [ADAG] company has declared its Q4FY07 results. The company reported Q4 net profit of Rs 1,023.3 crore on revenues of Rs 3,936.7 crore.

For quarter-on-quarter, it has posted net profit of Rs 1,023.3 crore versus Rs 924 crore (Rs 9.24 billion), a growth of 10.7% and revenues of Rs 3,936.7 crore compared to Rs 3,755.3 crore in previous quarter, up by 4.8%.

For FY07, the company has reported net profit of Rs 3,163 crore (Rs 31.63 billion) and revenues of Rs 14,468 crore (Rs 144.68 billion). Rel Comms Q4 EBITDA stood at Rs 1,635 crore (Rs 16.35 billion) and margin at 41.5%. Wireless margins in the fourth quarter was at 39%, global business margins at 24% and enterprise business margins at 49%.

Reliance ARPU for Wireless subscribers is at Rs 377, way below Bharti Airtel’s ARPU of Rs 406.