Top Story

e4m_logo.png

Home >> Marketing >> Article

Reliance Comm Q1 net falls 37 pc to Rs 157 cr; hikes call tariff by 20 pc

15-August-2011
Font Size   16
Share
Reliance Comm Q1 net falls 37 pc to Rs 157 cr; hikes call tariff by 20 pc

Reliance Communications, a part of the Anil Ambani-led Reliance Group, has reported a 37 per cent drop in its net profit for the first quarter ended June 30, 2011 – from Rs 250 crore in Q1 FY11 to Rs 157 crore in Q1 FY12.

The telecom company’s Q1 revenues to registered a decline of 4.3 per cent at Rs 4,850 crore. Meanwhile, the company’s total income declined to Rs 2,854 crore in Q1 FY12, as against Rs 3,186 crore in the corresponding quarter of the last fiscal.

Now, Reliance Communications has announced a hike of 20 per cent in its call charges for both GSM and CDMA services in most of its operating circles, owing to higher inflation in the country.

Recently, the company became the first 3G operator in the country to enter the tablet space by unveiling its Reliance 3G Tab, a fully loaded Android tablet priced at around Rs 13,000.
 

Speaking to exchange4media, Shreyams Kumar M V, Joint Managing Director, Mathrubhumi shared his views on IRS 2017

The channel re-branded itself to verbalise what it stands for to its audience and partners

Speaking with exchange4media, Rishi Darda, Joint Managing Director and Editorial, Lokmat Media Group shared his vision for regional publications and the impact of IRS 2017 on the print industry.

Nisha Narayan, COO & Director, RED FM & Redtro and CEO, Digital Radio (Mumbai) Broadcasting Ltd, shares her insights on how radio is a powerful medium in terms of advertising and what can be done to take it to the next level

In the Top 10 Advertisers list, FMCG brand Hindustan Lever, Reckitt Benckiser India and Procter & Gamble retained its top three spots

Dentsu Webchutney has reprised its ‘The Racist Cover’ campaign this time with an interesting physical manifestation of the idea to demonstrate it in an innovative way

These five mobile ad campaigns enticed users to the point of immersion and led to brilliant ways for consumers to engage with the brands