RCom Q3 PAT seen up 58.82% at Rs 188 crore

MUMBAI: Reliance Communications will be announcing it quarterly results tomorrow. According to an ET Now poll, the telecom major is likely to report a net profit of Rs 188 crore for the quarter ended December 2012, up 58.82 per cent, compared to a net profit of Rs 102 crore a quarter ago.

Revenues are seen at Rs 5311 crore, up 2.09 per cent, as against Rs 5,202 crore in previous quarter.

EBIDTA for the December quarter is seen at Rs 1708.1 crore against Rs 1638 crore, quarter-on-quarter (QoQ) and EBIDTA margins are seen up at 32.16 per cent against 31.5 per cent.

Expectations from third quarter results:

Subscribers expected to decline by 9.5 per cent QoQ

Expect traffic to grow at 1.5 per cent QoQ

Wireless traffic estimated to increase by 3 per cent QoQ

Expect ARPUs to improve to Rs 113 vs Rs 102

Expect minutes of usage (MOU) to improve 261 min vs 236 min

Expect EBIDTA margins to improve by 67 bps