Aditya Birla group company Idea Cellular has posted an increase in consolidated net profit for the period Q4 (ending Mar 2011) of the current fiscal (FY11). During the said quarter, net profit rises to Rs 274.5 crore in comparison to Rs 266.61 crore of Q4 (ending Mar 2010) of previous year(FY10). Idea Cellular Limited was incorporated in 1995 and is among the top four mobile telephony players in India.
The company informed the share market (BSE/NSE) that the current figures are not comparable with that of the corresponding period due to the merger of Spice Communications effective from 1st March, 2010, prior to which it was a joint venture. The total income/net sales increased to Rs 4,234.72 crore in quarter ended Mar 2011 when compared with the last years same quarter ended Mar 2010 which was Rs 3,347.8 crore.
For the full financial year ended March 2011, Idea Cellular Limited posted a consolidated net profit of Rs 898.71 crore, as compared to Rs 953.94 crore in the last fiscal.
The company’s total revenue for the full financial year ended March 2011 rose to Rs 15,503.2 crore from Rs 12,447.08 crore in the last fiscal.
Share’s Data :-
BSE Code : 532822
Mkt. Cap: Rs 24,263.47 Crores
Idea Cellular Ltd. share’s CMP is Rs 73.45 on 14th Jun 2011.
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