Indian telco Reliance Communications has reported total revenues of INR53.19 billion (USD962.1 million) for the first quarter of its fiscal year 2013, ended 30 June 2012, up 0.2% quarter-on-quarter. Earnings before interest, tax, depreciation and amortisation (EBITDA) edged up to INR16.50 billion from INR16.32 billion the previous quarter, whilst EBITDA margin was 0.3 percentage points higher, at 31.0%. Net profits, however, fell by 51.0% q-o-q to INR1.62 billion
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OVETEL Reliance books INR1.62bn net profits
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