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RCom posts net profit of INR 1.1 bln in Q3
2013-01-24 06:51:00| Telecompaper Headlines
(Telecompaper) Indian operator Reliance Communications reported revenues of INR 53 billion for its fiscal third quarter ended 31 December, up 5 percent year-over-year. Wireless revenues grew 4.7 percent, and Global Enterprise (GEBU) revenues were up 4.4 percent to INR 24.5 billion. Net profit stood at INR 1.1 billion for the quarter. RCom's EBITDA rose 2.4 percent to INR 16.5 billion, while the EBITDA margin slightly fell from 31.9 percent to 31.2 percent. The company had 6.1 million active 3G customers and 27.6 million data customers at the end of the period. Mobile minutes went up 3.1 percent to reach 103 billion. Revenue per minute (RPM) stood at INR 0.44 during the reporting quarter.
Novartis Q4 net profit rebounds to $2.1 billion
2013-01-23 13:20:04| Biotech - Topix.net
In this Aug. 12, 2005 file photo, a man passes the Logo of Swiss pharmaceutical company Novartis at the company's headquarters in Basel, Switzerland.
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