Telecom operator Idea Cellular disappointed the street by reporting lower than expected net profit at Rs 229 crore in the third quarter of financial year 2012-13, down 4.5 percent compared to Rs 239.9 crore in second quarter of current fiscal.
Idea Cellular, one of the largest telecom operators in India, is set to announce its results for the third quarter of financial year 2012-13 on Tuesday. Analysts on an average expect profit after tax to grow by 2.25 percent quarter-on-quarter to Rs 245 crore in the quarter.