RCom Q3 profit down 16%; traffic grows by mere 1%

Punit Garg, President of Reliance Communications spoke about Q3 results which saw a marginal rise in income while profit was down 26.19 per cent. It also reported flat QoQ revenue per minute (rpm) as against 1-3 per cent QoQ growth by others, while traffic grew merely by 1 per cent indicating weak subscriber quality.