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Tuesday 28 April 2015

Idea Cellular Net Profit Up By 62.26 Percent update for 28 April 2015

 Idea Cellular  consolidated net profit during 2014-15 soared by 62.26 percent at Rs. 3,192.9 crores against Rs. 1,967.8 crores for the previous year.

Its total consolidated revenue went up by 19.1 percent at Rs. 31,570.9 crores against Rs. 26,518.9 crores during 2013-14.

The company, in a statement, that on account of the changes in the Trai Interconnect (IUC) regulations effective March 1 this year, the results for January-March 2015 and fiscal year 2014-15 are "not comparable to earlier quarters and financial years".

"The gross revenue both for the quarter Q4 (January-March 2015) and for the fiscal year 2014-15 is negatively impacted by Rs. 1,050 million, though the impact on EBITDA (earnings before interest, tax, depreciation and amortization) is minimal.


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