January 24, 2011 / 17:38 IST
Idea Cellular has declared its third quarter results of FY11. The company's Q3 consolidated net sales were up by 8.68% at Rs 3,952.6 crore versus Rs 3,636.7 crore, quarter-on-quarter, QoQ.
Its consolidated net profit was up by 35.22% at Rs 243 crore versus Rs 179.7 crore, QoQ.In a press conference, the management said:
-In talks with operators for 3G rollout in non-license areas
-Q3 EBITDA at 20.6% versus 20.7% (QoQ)
-Q3 total minutes on network up 10.2% (QoQ)
-Q3 average realised rate/min at 41.8 paise versus 42.3 paise (QoQ)
-Q3 established service areas revenue at Rs 3,594 crore
-Q3 Average minutes of usage/user at 401 versus 394 (QoQ)
-Q3 Average revenue/user at Rs 168 versus Rs 167 (QoQ)
-Added 7.6 million subscribers in Q3
-Expect FY11 capex at Rs 3,000 crore, excluding 3G spectrum fee
-Mobile number portability will not be a `game changer' Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
