Idea Cellular announced a sharp rise in consolidated net profit for the quarter ended September 2014. During the quarter, the profit of the company rose 68.87% to Rs 7,558.80 million from Rs 4,476.10 million in the same quarter previous year.
Net sales for the quarter rose 19.72% to Rs 75,699.20 million, compared with Rs 63,233 million for the prior year period.
Earnings per share for the quarter stood at Rs 2.10, registering 55.56% growth over previous year period.
Quarterly Results - consolidated (Rs in mn) |
As at | Sep - 14 | Sep - 13 | %Change |
Net Sales | 75,699.20 | 63,232.60 | 19.72 |
Net Profit | 7,558.80 | 4,476.10 | 68.87 |
Basic EPS | 2.10 | 1.35 | 55.56 |
Shares of the company gained Rs 7.1, or 4.61%, to settle at Rs 161.05. The total volume of shares traded was 400,980 at the BSE (Monday).