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Business News/ Companies / Idea Cellular Q4 net up 45%
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Idea Cellular Q4 net up 45%

Idea Cellular Q4 net up 45%

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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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Published: 24 Apr 2008, 03:04 PM IST
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