Shares of Idea Cellular dipped 8% to Rs 84.65 on BSE in intra-day trade in an otherwise firm market after the company reported its second straight quarterly loss of Rs 326 crore for the quarter ended March 2017 (Q4FY17). The telecom services provider had posted net loss of Rs 386 crore in the December quarter.
Revenue from operations during the quarter under review declined 6.2% at Rs 8,126 crore against Rs 8,662 crore in the previous quarter.
“The Indian wireless industry witnessed an unprecedented disruption in the second half of the financial year 2016-17 (FY17) on account of
Revenue from operations during the quarter under review declined 6.2% at Rs 8,126 crore against Rs 8,662 crore in the previous quarter.
“The Indian wireless industry witnessed an unprecedented disruption in the second half of the financial year 2016-17 (FY17) on account of

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