Reliance Communications - Q1FY2014 Result Preview - Angel Broking

Reliance Communication (RCom) is slated to announce its 1QFY2014 results today. We expect to company to record revenues of Rs. 5,484cr, up 1.4% qoq. This is expected primarily on the back of qoq flat ARPM at Rs. 0.44/min and 1.0% qoq growth in MOU to 2942min. EBITDA margin is expected to decline by 27bp qoq to 30.6%. PAT is expected to come in at Rs. 267cr.

We maintain our Neutral view on the stock.

Source : Equity Bulls

Keywords