Vodafone rings in 13% rise in FY15 revenues

NEW DELHI: India’s second-largest telecom operator Vodafone today announced a 12.6 per cent rise in its total revenue at Rs 42,526 crore for the fiscal ended March 2015.

The company attributed the rise to customer additions and data growth.

The operating profit of the UK-based company’s arm stood at Rs 12,605 crore for 2014-15, as compared to Rs 10,847 crore in the previous fiscal.

The company had reported a total revenue of Rs 37,777 crore in the 2013-14 fiscal.

Its data revenues stood at Rs 5,690 crores, up by 65.5 % with EBITDA margin up at 29.6%.

The Operating Free Cash Flow (OFCF) was at Rs 3,228 crores in FY15 against Rs 7,647 crores in FY14, on account of higher capital expenditure and IRU settlement with Indus

There was a Capex spend of Rs 8,598 crores in FY15; (up 37.4% vs. FY14) driven by significant investments in new site roll-out to deliver superior customer experience and growth in key focus areas.

Vodafone today has a subscriber base of 184 million customers (growth of 10.4% YoY) serviced through a network of over 130,000 sites, of which over 35,000 are 3G sites.

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