Free Press Journal

Idea Cellular reports Quarter 2 net loss of Rs 1,106.8 crore


New Delhi: Telecom operator Idea Cellular today reported a consolidated net loss of Rs 1,106.8 crore for the second quarter of the current fiscal. The company had reported a net profit of Rs 91.5 crore in July-September a year ago.

Its revenue from operations dropped 19.72 percent toRs 7,465.5 crore in the quarter under review, from Rs 9,300.23 crore in the year-ago period. Stock of Idea was trading 5.62 per cent down at Rs 91.60on the BSE today.

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