Reliance Communications rose 3.12% to Rs 74.30 at 10:35 IST on BSE after consolidated net profit rose 31% to Rs 201 crore on 1.2% growth in revenue to Rs 5469 crore in Q3 December 2014 over Q2 September 2014.
The Q3 result was announced after market hours on Friday, 13 February 2015.
Meanwhile, the S&P BSE Sensex was up 214.97 points or 0.74% at 29,309.90.
On BSE, so far 3.35 lakh shares were traded in the counter as against average daily volume of 11.36 lakh shares in the past one quarter.
The stock hit a high of Rs 74.85 and a low of Rs 73.50 so far during the day. The stock had hit a 52-week high of Rs 156.90 on 10 June 2014. The stock had hit a 52-week low of Rs 66.60 on 10 February 2015.
The stock had underperformed the market over the past one month till 13 February 2015, falling 5.76% compared with Sensex's 6.09% rise. The scrip had also underperformed the market in past one quarter, sliding 29.91% as against Sensex's 4.13% rise.
More From This Section
The large-cap company has equity capital of Rs 1244.49 crore. Face value per share is Rs 5.
Reliance Communications' (RCom) consolidated EBITDA (earnings before interest, taxation, depreciation, and amortization) rose 1.3% to Rs 1851 crore in Q3 December 2014 over Q2 September 2014. EBITDA margin of 33.8% maintained at the same level as Q2 September 2014, the company said in a statement.
Revenue from India operations rose 2.5% to Rs 4799 crore in Q3 December 2014 over Q2 September 2014. Revenue from global operations rose 23% to Rs 1236 crore in Q3 December 2014 over Q2 September 2014.
RCom is an integrated telecommunications service provider. The company has customer base of about 120 million including over 2.5 million individual overseas retail customers.
Powered by Capital Market - Live News