Idea Cellular net profit plunged 74.5% in Q1
Idea Cellular’s consolidated first quarter net profit plunged heavily 74.5% at Rs 2,171 million, from Rs 8,516 million in a year earlier period, due to one-time finance cost for spectrum and lower voice revenues. The company’s total revenue however increased 7.9% in the quarter to Rs 94,866 million. It had reported Rs 87,915 million in revenue in the first quarter of last fiscal year. Earnings before interest, tax, depreciation and amortisation... Read More
