Telecom services provider Idea Cellular Ltd reported a consolidated net profit of Rs179.7 crore for the second quarter ended 30 September 2010 from Rs220.2 crore a year ago.
"Figures for the current period are not comparable with that of the corresponding period due to the merger of Spice Communications Ltd effective 1 March 2010, prior to which it was a joint venture," Idea Cellular said in a filing to the Bombay Stock Exchange (BSE).
During the quarter to end-September, its total revenues increased to Rs3,659.2 crore from Rs2,973.9 crore.
On the standalone basis, the company has reported net profit of Rs166 crore as against Rs259.9 crore in the same quarter last year.
On Thursday, Idea Cellular Ltd shares ended 3.2% down at Rs67 on the BSE, while the benchmark Sensex closed 1.1% down at 20,005 points.
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