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Idea Cellular reports consolidated net loss of Rs 1106.80 crore in Q2

13 Nov 2017 Evaluate

Idea Cellular has reported results for second quarter ended September 30, 2017.

The company has reported a net loss of Rs 1236.80 crore for the quarter ended September 30, 2017 as compared to a net loss of Rs 42.80 crore for the same quarter in the previous year. The total income of the company decreased by 20.45% at Rs 7387.50 crore for Q2FY18 as compared Rs 9286.40 crore for the corresponding quarter previous year.

On consolidate basis, the company has reported a net loss of Rs 1106.80 crore for the quarter under review as compared to a net profit of Rs 90.10 crore for the corresponding quarter in the FY17. Total consolidated income of the company declined 20.35% at Rs 7510.90 crore for quarter under review as compared to Rs 9429.40 crore for the same quarter ended previous year.

Peers
Company Name CMP
Bharti Airtel 1837.00
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