Idea Cellular Q4 net loss at Rs 328 crore

NEW DELHI: Aditya Birla-controlled telecom service provider Idea Cellular reported a consolidated net loss of about Rs 328 crore ($51.06 million) in the three months to 31 March, compared with a net profit of about Rs 452 crore a year ago.

Interestingly, India’s third-largest telecoms operator had posted net loss of Rs 383.8 crore in the quarter ended 31 December 2016-17.