Telecom service provider Idea Cellular
on Friday reported a 12 per cent decline in consolidated net profit to Rs 177.26 crore for the first quarter ended June 30, 2011.
The company had reported a net profit of Rs 201.4 crore for the same period in financial year 2010-11, Idea Cellular said in a filing to the Bombay Stock Exchange
However, total revenues of company were up 23 per cent at Rs 4,520.72 crore for Q1, FY'12, compared to Rs 3,653.7 crore in the same quarter of Q1, FY'11.
Shares of the company were trading at Rs 92.25, up by 2.5 per cent compared to their previous close, on the BSE.