MOSCOW, March 5. /TASS/. Revenue of mobile operator MTS under the International Financial Reporting Standards (IFRS) increased by 13.5% to 606 bln rubles ($6.66 bln) in 2023, the company said in its report.

The consolidated revenue of MTS in the Q4 of 2023 rose by 18% year-on-year and amounted to 168 bln rubles ($1.85 bln).

Net profit of mobile operator MTS under the IFRS increased by 67.5% to 54.6 bln rubles ($600.32 mln) in 2023. The operator’s net profit for the Q4 of 2023 amounted to 16.1 bln rubles ($177.01 mln).

MTS OIBDA for the Q4 of 2023 increased by 3.9% and amounted to 56.7 bln rubles ($623.27 mln), for 2023 this figure increased by 6.4% to 234.2 bln rubles ($2.57 bln).