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Idea Cellular reports consolidated net profit of Rs 256.50 crore in Q1

31 Jul 2018 Evaluate

Idea Cellular has reported results for first quarter ended June 30, 2018.

The company has reported a net profit of Rs 577.90 crore for the quarter under review as against net loss of Rs 922.80 crore for the same quarter in the previous year. However, total income of the company decreased by 26.33% at Rs 5,940.80 crore for Q1FY19 as compared Rs 8,064.60 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net profit of Rs 256.50 crore for the quarter under review as against net loss of Rs 814.90 crore for the same quarter in the previous year. However, total consolidated income of the company decreased by 26.29% at Rs 6,030.60 crore for Q1FY19 as compared Rs 8,181.70 crore for the corresponding quarter previous year.

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