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This is an archive article published on October 23, 2012

Idea profit doubles to Rs 240 crore

The telecom operators standalone net profit soared to Rs 352 crore from Rs 79 crore a year ago,helped by a dividend income of Rs 154 crore from its holding in the telecom towers company Indus Towers.

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Aditya Birla group company Idea Cellular today said its September quarter consolidated net profit rose by over two-fold to Rs 240 crore against Rs 105.76 crore in the same period a year ago. Total revenue of the company,which operates in 15 of the 22 telecom circles,increased by 15 per cent to Rs 5,314 crore during the reported quarter from Rs 4,619.92 crore in the same period last fiscal.

The telecom operators standalone net profit soared to Rs 352 crore from Rs 79 crore a year ago,helped by a dividend income of Rs 154 crore from its holding in the telecom towers company Indus Towers.

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