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Idea Cellular reports standalone net loss of Rs 456.40 crore in the March 2017 quarter

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Capital Market

Sales decline 14.88% to Rs 8015.30 crore

Net loss of Idea Cellular reported to Rs 456.40 crore in the quarter ended March 2017 as against net profit of Rs 428.10 crore during the previous quarter ended March 2016. Sales declined 14.88% to Rs 8015.30 crore in the quarter ended March 2017 as against Rs 9416.60 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 831.10 crore in the year ended March 2017 as against net profit of Rs 2646.30 crore during the previous year ended March 2016. Sales declined 1.44% to Rs 35256.50 crore in the year ended March 2017 as against Rs 35772.50 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales8015.309416.60 -15 35256.5035772.50 -1 OPM %26.5135.28 -28.6333.25 - PBDT1092.402515.20 -57 6281.0010294.10 -39 PBT-852.60645.40 PL -1419.004070.90 PL NP-456.40428.10 PL -831.102646.30 PL

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First Published: May 13 2017 | 3:38 PM IST

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