Idea Cellular lost 0.89% to Rs 144 at 9:18 IST on BSE after consolidated net profit jumped 104.6% to Rs 467.70 crore on 18.5% growth in revenue to Rs 6613.10 crore in Q3 December 2013 over Q3 December 2012.
The Q3 result was announced after market hours on Monday, 27 January 2014.
Meanwhile, the S&P BSE Sensex was up 41.33 points or 0.2% at 20,748.78.
On BSE, so far 59,000 shares were traded in the counter as against average daily volume of 4.01 lakh shares in the past two weeks.
The stock hit a high of Rs 149 and a low of Rs 142.15 so far during the day.
Idea Cellular's consolidated EBITDA (earnings before interest, taxation, depreciation and amortization) surged 39.5% to Rs 2055.70 crore in Q3 December 2013 over Q3 December 2012. EBITDA margin on YoY basis improved 4.7% to 31.1% in Q3 December 2013.
The growing consumer demand and brand affinity, expanding infrastructure and strong cash flows of Idea reaffirms company ability to remain on course with its stated mission of consistent, competitive, responsible and profitable growth and meet all volatile, uncertain, complex and ambiguous developments, as it consolidates its market standing both in mobile voice and data market, Idea Cellular said in a statement.
Idea Cellular, part of the Aditya Birla Group, is the third largest listed wireless operator in India.
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