Idea Cellular quarterly net loss widens, revenue down nearly 20%

Wednesday 15 November 2017 | 08:08 CET | News
Indian mobile operator Idea Cellular posted revenues of INR 74.65 billion for the quarter ended 30 September 2017, which represents a decline of 19.7 percent year-on-year. EBITDA reached INR 15 billion, down 47.1 percent year-on-year, with EBITDA margin at 20.1 percent in the September quarter. Idea Cellular's net loss widened 90.6 percent year-on-year to INR 11.7 billion in the quarter ended 30 September.

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Categories: Mobile & Wireless
Companies: Idea Cellular
Countries: India
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