Idea Cellular swung to a loss for the quarter ended March 2017. During the quarter, the company reported a loss of Rs 3,277.00 million compared with a profit of Rs 4,517.00 million in the same quarter last year.
Revenues for the quarter declined 13.75% to Rs 81,945.00 million, compared with Rs 95,007.00 million for the prior year period.
Operating margin for the quarter was stable at 0.00 percent when compared to previous year period. Operating profit was unchanged at Rs 0.00 million for the quarter, compared with the previous year period.
Earnings per share stood negative at Rs 0.93 compared with Rs 1.21 in same quarter last year.
| Quarterly Results - Consolidated (Rs in mn) |
| As at | Mar - 17 | Mar - 16 | %Change |
| Revenues | 81,945.00 | 95,007.00 | (13.75) |
| Net Profit | (3,277.00) | 4,517.00 | - |
| Diluted EPS | (0.93) | 1.21 | - |
Shares of the company declined Rs 2.75, or 2.98%, to trade at Rs 89.55. The total volume of shares traded was 717,933 at the BSE (9.51 a.m., Monday).
