Idea Cellular Jumps 3% on Strong Q4 Earnings

Shares of Idea Cellular rose nearly 3.5 per cent to a day high of Rs 198 after the telecom operator reported strong fourth quarter earnings, helped by higher data revenue and strong subscriber growth. Idea Cellular's revenues in the quarter ended March 31, 2015, rose to Rs 8,422 crore, up 5 per cent from the December quarter. Its profit in the fourth quarter jumped 22 per cent sequentially to Rs 941 crore. The gross profit margin r...