Idea Cellular, India's third largest mobile operator, saw its net profit rise by 143.8 percent during the April-June first quarter of 2013-14, the company said here Thursday.
It posted standalone profit after tax of Rs.482.9 crore for the first quarter of 2013-14 against Rs.198.1 crore clocked during the corresponding period last fiscal.
"The multiple drivers of this sharp profitable growth have been robust voice and mobile data revenue coupled with scale benefits and better cost management," the company said in a statement.
Idea, which operates in 36 countries, is a part of the Aditya Birla Group.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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