Idea Cellular posts smaller-than-expected second loss
Telecom carrier Idea Cellular Ltd
Net loss after tax was 11.07 billion rupees ($169.45 million) in the quarter ended Sept. 30, compared with a profit of 915 million rupees a year earlier, Idea Cellular said on Monday. (http://bit.ly/2i9WwuO)
Analysts on average expected the company to post a loss of 11.25 billion rupees, according to Thomson Reuters data.
Revenue from operations of the company, which is merging its operations with Vodafone Group Plc`s
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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