Top Story

e4m_logo.png

Home >> Marketing >> Article

Vodafone India H1 FY14 revenues up 13.5% at Rs 184,809 mn

13-November-2013
Font Size   16
Vodafone India H1 FY14 revenues up 13.5% at Rs 184,809 mn

Vodafone India continued to show strong revenue growth, significant margin improvement and robust cash flows, with exponential growth in data in H1 FY14. India becomes the third largest contributor to group service revenues.

Vodafone India reported a 13.5 per cent increase in revenues in H1 FY14 at Rs 184,809 million, as against Rs 162,826 million in H1 FY13. Data (browsing) revenues jumped 76.5 per cent to Rs 15,419 million. Revenue performance was driven by price hardening, strong growth in voice minutes and data revenues; partially offset by the effect of seasonality and regulatory changes.

EBITDA for H1 FY14 stood at Rs 65,191 million, as against Rs 49,930 million in H1 FY13. EBITDA margin at 31.8 per cent showed a significant margin improvement of 3.4 ppt y-o-y (H1 FY14). Margin improvement and healthy operating free cash flow were driven by scale benefits, operating efficiencies and lower acquisition costs.

Commenting on the company’s performance, Marten Pieters, Managing Director & CEO, Vodafone India said, “We continue to show a healthy revenue growth driven by price hardening, an exponential growth in data and a solid subscriber base. Our focus on profitable growth has led to a strong margin improvement and to a strong operating free cash flow. We will continue to invest in our future growth areas of democratizing data and driving financial inclusion through M- Pesa.”

Kranti Gada joined the family business at Shemaroo in 2006 after a successful stint of over two years in marketing at Pepsi Co. She has been associated with the company for 12 years.

Exchange4media interacted with Jaspreet Chandok, Vice President and Head (Fashion) , IMG Reliance Pvt. Ltd on seamless brands integrations planned for Lakme Fashion Week, walking tall despite blazing trails like GST, demonetization and being a part of the larger cultural space

Their strategy to educate the consumers to make well informed decisions at all stages has worked out well.

Bobby Pawar, MD, CCO - South Asia, Publicis India, talks about his idea of chilling out

Understanding the round-the-clock nature of change, KG Suresh, Director General, Indian Institute of Mass Communication, in a conversation with exchange4media, talked about his plans to introduce a fu...

The mall has a diverse range of media formats that includes, billboards, backlit kiosk, pillar wraps, product/promotion display spaces etc.

The beauty of the internet business is that as your cost curve flattens, your revenue curve keeps growing up and that's why the valuations are so high, said Ashish Hemrajani, Founder-CEO, BookMyShow