Info-tech

Idea Q4 net rises 60% on higher data income

Our Bureau Mumbai | Updated on January 24, 2018 Published on April 28, 2015

Voice realisation Idea Cellular’s voice rate realisation remained under pressure for the third successive quarter, falling sharply by 7.1% to 33.9 paise per minute from 36.5 paise per minute during the fourth quarter.

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Addition to subscriber base too drives GSM operator’s earnings

Buoyed by higher data revenue and subscriber addition, Idea Cellular has posted a 59.7 per cent rise in consolidated net profit at ₹941.8 crore for the quarter ended March 31.

The GSM service provider had posted a net profit of ₹589.7 crore during the same period a year ago.

Profit figures

During the reporting period, the GSM operator’s consolidated total income rose to ₹8,608.91 crore (₹7,089.01 crore).

On a standalone basis, the Aditya Birla group company posted a net profit of ₹837.26 crore (₹504.34 crore) during the three-month period on a total income of ₹6,992.20 crore (₹8,541.26 crore), it said in a statement.

The operator posted a consolidated net profit of ₹3,192.91 crore (₹1,967.82 crore) for FY15, on total income of ₹32,040.56 crore (₹26,745.72 crore).

The company said that the results of this quarter and financial year were not comparable to earlier period due to the changes in Interconnect User Charges (IUC), which became effective March 1. The gross revenue both for the quarter and year were “negatively impacted” by ₹105 crore, though the impact on EBITDA (operating profit) was minimal.

Idea Cellular’s sequential quarterly revenue grew 5 per cent aided by a 9.2 million active subscriber addition, rise in voice minutes at 8.4 per cent to 185 billion minutes and an 18.3 per cent rise in mobile data volume (2G+3G).

Voice rate

Idea Cellular’s voice rate realisation remained under pressure for the third successive quarter, falling sharply by 7.1 per cent to 33.9 paise per minute from 36.5 paise per minute during the fourth quarter.

The elasticity of demand compensated rate decline with 16.3 per cent minute growth in FY15 as against FY14.

Additionally, faster mobile data growth compensated the voice rate decline and consequently the Average Realisation Per Minute, a measure of financial strength of a telecom operator, improved by 2.7 per cent to 44.8 paise per minute in the quarter from 43.6 paise per minute.

Ahead of the results announcement, Idea Cellular’s share prices ended up 2.79 per cent at ₹191.55 on a steady BSE, which closed up 0.81 per cent.



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Published on April 28, 2015
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