[ad_1]
The average revenue per user decreased to Rs 105 from Rs 105. Idea Cellular announced a consolidated profit of Rs 256.50 crore for Q1 FY19 against a loss of 814.90 crore in the corresponding period l. last year, helped by a one-time gain from the sale of its telecommunications towers. A gain of about 3,364 million rupees from the sale of Idea Cellular Infrastructure Services helped the company to make a profit. Analysts, on average, were expecting a net loss of Rs 1,371 crore, according to Thomson Reuters estimates.
Operating income fell to Rs 5,889.20 crore in Q1 this year from Rs 8166.50 crore last year, with success by an aggressive price war put into motion by the l '. entry of his rival Reliance Jio.
The average income per user rose from Rs 105 to QoQ to Rs 100.
Meanwhile, Idea reported a net loss of Rs. 1,018 autonomous crores during the January-March quarter. The merger of Idea with Vodafone India, which could create India's largest telecommunications operator, is expected to close shortly. In addition, during the last quarter, the company was also affected by the decline in the international termination rate caused by the Telecommunications Regulatory Authority of India since February.
However, the operator managed to reduce his net loss to 1 018 crore. Rs 1.352 crore during T3 FY18, when it was impacted by a 57% reduction in the mobile national termination charge also caused by the TRAI. With bundled data and voice bundles, which saw most consumers switch to lower prices, standalone rates fell to Rs. 6,137.3 million in the quarter, down 5.7 percent compared to the previous one. quarter.
Source link
