Idea Cellular reports 69% rise in Q2 consolidated net profit

Idea Cellular has reported results for second quarter ended September 30, 2014. The company has posted a rise of 71.57% in its net profit at Rs 664.60 crore for the quarter ended September 30, 2014 as compared to Rs 387.36 crore for the same quarter in the previous year. The company’s total income has registered a growth of 20.80% at Rs 7606.71 crore for quarter under review as compared to Rs 6296.45 crore for the quarter ended September 30, 2013. On consolidated basis, the company’s net profit after taxes and minority interest for the quarter under review registered 68.87% growth at Rs 755.88 crore against Rs 447.61 crore in the September quarter of previous fiscal. The company’s total income has increased by 20.36% at Rs 7686.48 crore for the quarter from Rs 6385.91 crore in the similar quarter of previous year.