Idea Idea Cellular profit up 127% in Q2

Xen

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Idea Cellular’s second quarter profit is up 127 percent, while revenue grew 15 percent.

Idea Cellular’s revenue grew 15.02 percent to INR 53140 million in the second quarter of fiscal 2012 from INR 46199 million in the same quarter previous fiscal.

Idea Cellular’s profit increased 126.84 percent to INR 2400 million in the second quarter of fiscal 2012 from INR 1058 million in the same period last year.

Over 18.9 million of Idea’s 115 million subscriber base, use mobile data services, contributing 5.4 percent of total service revenue.

During the quarter, Idea Cellular’s Voice Minutes of Use decreased 4 percent to 125.6 billion minutes from 130.9 billion minutes in Q1FY12.

The Average Realization Per Minute (ARPM) was flat at 41.3p against previous quarter ARPM of 41.2p, in a falling voice ARPM market, supported by increasing mobile data contribution.

The company has managed to increase Non-Voice Revenue contribution to 15.6 percent; up from 14.5 percent in Q1FY12.

Idea rolled out 1,919 2G cell sites during the quarter, taking EoP 2G cell sites count to 85,779, while count of 3G cell sites (Node B) increased to 14,467 compared to 13,363 in Q1FY12.
 
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