Idea Cellular Q1 net profit up 57%

Written By Unknown on Senin, 21 Juli 2014 | 21.43

MUMBAI: Riding on higher data and voice growth, Idea Cellular's first quarter (April-June) consolidated net profit of 2014-15 jumped over 57%, the company said on Monday.

The Aditya Birla Group company is the third largest carrier in the country.

The net profit for the quarter was at Rs 728.2 crore from Rs 462.7 crore during the corresponding period a year earlier (2013-14). Revenue grew 16% on year to Rs 7,561 crore from Rs 6,538.8 crore posted during the corresponding period last fiscal (2013-14).

Idea is the sixth largest mobile telecommunications company (based on operations in a single country) in the world, currently servicing over 140 million subscribers, according to the statement.

http://timesofindia.indiatimes.com/followceleb.cms?alias=Idea Cellular Q1 profit,Idea Cellular profit growth,Idea Cellular


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