Monday, January 21, 2008

Idea Cellular consolidated net up 2.08 times for Dec`07 qtr

Idea Cellular registered a 2.08 times growth in consolidated net profit at Rs 2,367.70 million for the quarter ended Dec. 31, 2007, as compared with Rs 1,137.70 million for the quarter ended Dec. 31, 2006.

Total Revenue reported a growth of 48.36% to Rs 17,103.10 million for the quarter ended Dec. 31, 2007, as compared with Rs 11,528.00 million for the same quarter, last year.



Quarterly results (Rs in mn)
As at December 2007(3) December 2006(3) %Change
Total Revenue 17,103.10 11,528 48.36
Net Profit 2,371.90 1,136.90 108.63



On standalone basis, the
company registered a 2.09 times growth in net profit after tax to Rs 2,371.90 million for the quarter ended Dec. 31, 2007, as compared to Rs 1,136.90 million for the same period, last year.

Total Revenue registered a growth of 48.36% to Rs 17,103.10 million for the quarter ended Dec. 31, 2007, as compared to Rs 11,528.00 million for the same period, last year.

Shares of the company declined Rs 7, or 4.89%, to settle at Rs 136.05. The total volume of shares traded was 662,515 at the BSE. (Friday)

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