Idea Cellular shares down 2% after Q2 profit takes sharp plunge
Shares of Idea Cellular ended 2 percent lower Tuesday after the company reported an 88 percent plunge in consolidated net profit for September quarter.
Oct 25, 2016, 16:39 PM ISTIdea net plunges 88% to a trickle on Reliance Jio, spectrum impacts
Investments in network expansion, coupled with competition putting a pressure on pricing led the third largest telco Idea Cellular to report a huge decline in the September quarter net profit at Rs 90 crore.
Oct 24, 2016, 23:30 PM ISTIdea Cellular Q2 net profit jumps 69% to Rs 755.88 cr
The company has 143.6 million EoP customer base, with the addition of 4.6 million new customers during the quarter.
Oct 20, 2014, 18:00 PM IST