RCom Reliance Communications fiscal 2014 revenue up 3%, profit surges 56%

Xen

EntMnt Ambassador
Official Info
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Indian telecom carrier Reliance Communications today said its revenue for fiscal 2014 increased 3.29 percent to Rs 21,238 crore.

The billionaire Anil Ambani-promoted Reliance Communications said its net profit for fiscal 2014 rose 55.8 percent to Rs 1,047 crore.

Reliance Communications’s revenue for fourth quarter 2014 grew 4.8 percent to Rs 5,405 crore. Its Q4 FY 2014 net profit increased 44.44 percent to Rs 156 crore.

Idea Cellular said its FY 2014 revenue rose 17.3 percent to Rs 26,518.9 crore. Profit grew 94.6 percent to 1,967.8 crore from Rs 1,010.9 crore.


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