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General

Idea Cellular narrows quarterly net loss

Wednesday 17 May 2017 | 11:53 CET | News
Indian mobile operator Idea Cellular posted revenues of INR 81.26 billion for the quarter ended 31 March 2017, up from INR 80.16 billion in the quarter ended 31 December 2016. Revenue declined 1.8 percent year-on-year. EBITDA reached INR 21.96 billion, up 1.4 percent quarter-on-quarter, with EBITDA margin at 27 percent in the March quarter. Idea Cellular's net loss narrowed to INR 4.3 billion in the quarter ended 31 March 2017, from a net loss of INR 4.7 in the previous quarter.

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Categories: General
Companies: Idea Cellular
Countries: India
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