Sunday, April 29, 2018

Idea's loss widens in q4

Idea's net loss widened to Rs 931 crore from Rs 326 crore a year. The telecom operator however fared better than what the markets had predicted.

Revenue for the third-largest telco slumped 25% on year and 6 % sequentially to Rs 6,137 crore. Idea, as on 31st march has  194.5 million users, added six million users on a net basis in the quarter.

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