Reliance Communications disclosed a substantial rise in standalone net profit for the quarter ended March 2015. During the quarter, the profit of the company rose 46.15% to Rs 2,280.00 million from Rs 1,560.00 million in the same quarter previous year.
Revenues for the quarter rose 5.35% to Rs 56,940.00 million, compared with Rs 54,050 million for the prior year period.
Earnings per share for the quarter stood at Rs 0.89, registering 18.67% growth over previous year period.
Quarterly Results - Standalone (Rs in mn) |
As at | Mar - 15 | Mar - 14 | %Change |
Revenues | 56,940.00 | 54,050.00 | 5.35 |
Net Profit | 2,280.00 | 1,560.00 | 46.15 |
Diluted EPS | 0.89 | 0.75 | 18.67 |
Shares of the company gained Rs 3.4, or 5.28%, to settle at Rs 67.80. The total volume of shares traded was 2,187,800 at the BSE (Friday).