The company had reported a net profit of Rs 108 crore in the same quarter of 2013-14.
RCom registered marginal increase in its consolidated income from operations at Rs 5,354 crore during the reported quarter from Rs 5,315 crore it posted in corresponding period of financial year 2012-13.
The company in a statement said that its "Q1 EBITDA at Rs 1,863 crore, with EBITDA margin of 33.7 per cent (is) amongst the highest in the industry."
However on the standalone basis, the company reported a net loss of Rs 536 crore in the April-June, 2014 quarter compared to a net loss of Rs 228 crore in the year-ago period, according to a BSE filing by the company.
Its total income (standalone) fell to Rs 2,671 crore as against Rs 2,820 crore in the corresponding period of FY'14.
RCom said its revenue per minute (RPM) on consolidated basis from network and ARPU increased during the quarter.
"During the quarter, we have significantly improved RPM with tariff hikes and strong focus on paid and profitable minutes. RPM (revenue per minite) up 4 per cent Y-O-Y (year-on-year), at 43.8 paisa. Voice RPM at 33.3 paisa," the company said in a statement.
ARPU (average revenue per user) of the company increased 14.3 per cent on Y-O-Y at Rs 136 in during the quarter, it added.
RCom reported increased total data traffic by 78 on Y-O-Y basis at 5,527.6 crore MB.
"The traffic has increased due to increase in data subscribers and higher data usage per customer," it said.
The total data (Internet) customer base on RCom's network grew by 51.3 per cent on Y-O-Y basis to 2.86 crore, including 1.3 crore 3G customers in Q1.
"During the quarter, the Company received overwhelming response in the QIP Programme. In the largest ever private sector QIP in the history of corporate India, the Company has raised Rs 4,808 crore in its maiden QIP issue," the statement said.
RCom Promoters have also committed to subscribe the securities of the Company for Rs 1,300 crore under preferential issue, it added.
"The proceeds of QIP offering and the preferential allotment is being utilised primarily for repayment of debt and de-leveraging the balance sheet which will strengthen the financial position of the company," RCom said.
Shares of the company today ended 0.75 per cent higher at Rs 120.70 apiece at the BSE.