Idea Cellular Q4 net up 45%

Idea Cellular Q4 net up 45%
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First Published: Thu, Apr 24 2008. 03 04 PM IST
Updated: Thu, Apr 24 2008. 03 04 PM IST
By Reuters
New Delhi: Idea Cellular, India’s sixth-largest mobile operator, said on 24 April its quarterly net profit rose 45%, boosted by an expanding user base in the world’s fastest-growing wireless market.
Idea, part of conglomerate Aditya Birla Group, said its net profit for the January-March quarter rose to Rs278 crore ($69 million) from Rs192 crore a year earlier.
Total revenue rose to Rs19.85 billion from 13.19 billion in the year-ago quarter. ($1=Rs40.2)
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First Published: Thu, Apr 24 2008. 03 04 PM IST