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Idea Q2 net slips 13%, realisations under pressure

Idea Cellular has posted lower-than-expected September quarter results. Its consolidated net profit fell 13.1 percent to Rs 809.3 crore in Q2FY16 from Rs 930.8 crore on a sequential basis. During the quarter, its revenue slipped 1.2 percent to Rs 8689 crore against Rs 8798.3 crore in quarter-ago period.

first published: Oct 21, 2015 04:34 pm

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