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Idea Cellular reports 57% rise in Q1 consolidated net profit

22 Jul 2014 Evaluate

Idea Cellular has reported results for first quarter ended June 30, 2014.

The company’s net profit for the quarter rose by 58.89% at Rs 642.54 crore as compared to Rs 404.38 crore for the quarter ended June 30, 2013. Its total income has increased by 15.66% to Rs 7484.80 crore for the quarter under review from Rs 6470.93 crore for the corresponding quarter of the previous year.

On the consolidated basis, the group has reported 57.37% rise in its net profit at Rs 728.20 crore for the quarter as compared to Rs 462.71 crore for the same quarter in the previous year. Total income has increased by 15.63% at Rs 7560.99 crore for quarter under review as compared to Rs 6538.77 crore for the quarter ended June 30, 2013.

Peers
Company Name CMP
Bharti Airtel 1830.00
Vodafone Idea 14.47
Indus Towers 379.65
Tata Communications 1746.20
Railtel Corp. India 252.55
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