Idea Cellular has reported results for second quarter ended September 30, 2016.
The company has reported net loss of Rs 42.79 crore for the quarter as ended September 30, 2016 compared to a net profit of Rs 739.59 crore for the same quarter in the previous year. However, total income increased by 7.02% at Rs 9286.44 crore for quarter under review as compared to Rs 8677.37 crore for the quarter ended September 30, 2015.
On the consolidated basis, the company has reported 88% fall in its net profit after tax of Rs 91.46 crore for the quarter ended September 30, 2016 as compared to Rs 762.28 crore for the same quarter in the previous year. However, total income of the company increased by 8.13% at Rs 9429.30 crore for quarter under review as compared to Rs 8720.45 crore for the quarter ended September 30, 2015.
