Idea Cellular posts Q3 net profit of Rs.764 crore

Image
IANS New Delhi
Last Updated : Jan 21 2016 | 8:08 PM IST

Idea Cellular posted a consolidated net profit of Rs.764.21 crore for the October-December (third) quarter of 2015-16 compared with Rs.767.06 crore during the corresponding quarter of 2014-15, the company said on Thursday.

The net sales of the company went up by 12.37 percent to Rs.9,009.69 crore during the third quarter from Rs.8,017.47 crore during the corresponding period of 2014-15, a company statement said here.

"Consumer preference for brand Idea continues to rise as company added 29.7 million incremental subscribers (on VLR) in 2015, now serving 182 million quality customers, providing Idea a unique platform for future growth in mobile voice, wireless broadband, digital content and mobile banking services," the statement said.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 21 2016 | 7:56 PM IST

Next Story