RIL
Sequentially the Q4FY14 consolidated net profit rose 44% at Rs.156 crore but YoY, the drop was big – it fell 48%. But this fall YoY, was mainly on account of the Rs.550 crore one-time income seen in Q4FY13, so in that sense would be wrong to day that company had a bad YoY. The company reorced a 5% (QoQ) rise in revenue at Rs.5671 crore and EBITDA margin was at 32.7%, one of the highest in the sector.
Its interest outgo, the main bone of contention in the company was up 21% (QoQ) at Rs.907 crore and the outgo for FY14 was at Rs.3049 crore, up 21%. Its net debt current stands at Rs.40.178 crore, up 3% over previous year. During the year, it repaid another syndicated ECB loan of US$ 500 Million (Rs.3,100 crore approx) on scheduled due date in January 2014. It had earlier this year made full scheduled repayment of 2 other syndicated ECB loans aggregating US$ 1 billion (Rs. 6,200 crore), and bilateral ECB loans of more than US$ 310 million (Rs.1,900 crore approx). With these repayments, Rcom has now fully liquidated the borrowings from 23 foreign banks and financial institutions.
The internal earnings show that GSM wireless continues to drive growth and in FY14, it contributed 72% to total revenue. The total data traffic on the RCom network increased 20% on a quarterly basis to 50,251 million megabytes. As at 31st March 2014, the company had 37.4 million data users of which 12.9 million were 3G customers. Total data traffic was at 50,251 million MB, up 20% sequentially. Data usage per subscriber was at 455 MB, up 15% (QoQ). For the quarter, RPM was stable at 43.2 paisa and voice RPM was at 33.0 paisa. The total MOUs were up by 0.4% (QoQ) at 102.3 billion and ARPU was up 2% (QoQ) at Rs.128 in Q4.
The company ended FY14 with a 2.5% rise in revenue at Rs.22,321 crore, total EBITDA came in at Rs.7726 crore, up 8% and net profit came in at Rs.1047 crore, up 56%.