Bangkok: Reliance Communications on Saturday reported a 3.1 per cent increase in its consolidated net profit at Rs 162 crore for the first quarter ended on June 30, 2012.
The Anil Ambani-led company reported a net profit of Rs 157 crore for the same period a year ago.
Total income of company during April-June, 2012 grew by 8.5 per cent to Rs 5,264 crore compared to Rs 4,849 crore posted in the same period in the previous financial year.
RCom said it continues to be free cash flow positive. "RCom generated operational cash flow of Rs 1,650 crore in the first quarter. This is the second full year of positive free cash flow for the company and this trend will continue in succeeding years," RCom said in a statement to BSE.
The Anil Ambani-led company reported a net profit of Rs 157 crore for the same period a year ago.
Total income of company during April-June, 2012 grew by 8.5 per cent to Rs 5,264 crore compared to Rs 4,849 crore posted in the same period in the previous financial year.
RCom said it continues to be free cash flow positive. "RCom generated operational cash flow of Rs 1,650 crore in the first quarter. This is the second full year of positive free cash flow for the company and this trend will continue in succeeding years," RCom said in a statement to BSE.
