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Dhaka Tribune

Robi hits 16% revenue growth in Q3

Update : 27 Nov 2013, 07:08 PM

Mobile phone operator Robi has reported Tk11.73bn revenue earning in the third quarter of 2013, registering 16% growth from the same quarter of last year.

Robi sources said its profit after tax amounted to Tk1.42bn during the period.

According to the operator, the growth was generated from the increased value added services (VAS).

The country’s second largest mobile phone operator in terms of revenue is going to present its business updates on the quarter today at a press conference in Dhaka.

The operator has continued making profit for four consecutive quarters, showed the figures available on the website of Axiata Ltd, parent company of Robi.

In the first nine months of 2013, Robi managed to make a total of Tk3.66bn net profit.

But in the same period of previous year, it incurred a net loss of Tk336m.

According to the Axiata’s post-September presentation, the total number of Robi subscribers stood at 28.8m.

However, the operator’s total revenue growth in terms of users increase dropped to Tk160 monthly from Tk168 last year.

The average per subscriber use fell to 151 minutes per month from 161 minutes last year. 

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