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Idea Store , Thambu Chetty Street, Parrys, Chennai , TamilNadu

Shares of Idea Cellular on Monday tumbled over 8 percent after the company reported a consolidated loss of Rs325.6 crore in the three months to March 2017.

The stock tanked 8.28% to Rs84.65 on the BSE. On the NSE, it slumped 8.44% to Rs84.55. The results were announced on Saturday.

The company had posted a profit of Rs449.2 crore in the same period a year ago. For Idea, this is the second consecutive consolidated loss on a quarterly basis as the company viewed October-April as “particularly harsh” and a “period of telecom discontinuity”.

For the December 2016 quarter, Idea posted its first-ever consolidated net loss of Rs 383.87 crore compared to a net profit of Rs659.35 crore in the year-ago period.

Total revenues declined 13.7% to Rs 8,194.5 crore, from Rs 9,500.7 crore a year ago.

Contact Information For IDEA cellular In India

Store Name Address Working Hours Weekly Off Service Offered
Sai Solutions New No 258, Old No 205, Thambu Chetty Street, Parrys, Chennai – 600001 9:00 AM – 7:00 PM SUNDAY New Acquisitions, Recharge,Bill Payments,Sim replacement, Address change, Service enhancement,Bill related issues, VAS, Service Activation/Deactivation,Prepaid Document collection, Postpaid to Prepaid Migrations & Cancellations and Query Handling

 

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