Business Companies 13 Nov 2017 Idea Cellular posts ...

Idea Cellular posts Q2 net loss of Rs 1,106.8 crore

PTI | DECCAN CHRONICLE
Published Nov 13, 2017, 10:49 am IST
Updated Nov 13, 2017, 10:49 am IST
Idea Cellular on Monday reported a consolidated net loss of Rs 1,106.8 crore for the second quarter of 2017. (Photo: File/PTI)
 Idea Cellular on Monday reported a consolidated net loss of Rs 1,106.8 crore for the second quarter of 2017. (Photo: File/PTI)

New Delhi: Telecom operator Idea Cellular on Monday reported a consolidated net loss of Rs 1,106.8 crore for the second quarter of the current fiscal.

The company had reported a net profit of Rs 91.5 crore in July-September a year ago.

Its revenue from operations dropped 19.72 per cent to Rs 7,465.5 crore in the quarter under review, from Rs 9,300.23 crore in the year-ago period.

Stock of Idea was trading 5.62 per cent down at Rs 91.60 on the BSE on Monday.

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Location: India, Delhi, New Delhi




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