Idea Cellular clocks net profit of Rs.10.42 bn

By IANS,

Mumbai : India’s leading GSM mobile operator Idea Cellular has posted a net profit of Rs.10.42 billion ($260.5 million) for 2007-08 as compared to Rs.5 billion of the previous fiscal.


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Total revenue has increased from Rs.43.87 billion of 2006-08 to Rs.67.37 billion for the last fiscal, the company announced Thursday in a statement.

The group has posted a net profit of Rs.2.7 billon for the quarter ended March 31, 2008 as compared to Rs.1.9 billion of the same period of 2006-07.

The total revenue has increased to Rs.19.85 billion for the quarter from Rs.13.19 billion of the last quarter of the previous fiscal.

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