Idea Cellular Ltd. reported unaudited consolidated and standalone earnings results for the third quarter and nine months ended December 31, 2017. For the quarter on consolidated basis, revenue from operations was INR 65,096 million against INR 86,627 million a year ago. Total income was INR 65,516 million against INR 87,063 million a year ago. Loss before tax was INR 19,853 million against INR 6,087 million a year ago. Net loss after tax was INR 12,845 million or INR 3.58 per diluted share against INR 3,839 million or INR 1.09 per diluted share a year ago.

For the nine months on consolidated basis, revenue from operations was INR 221,416 million against INR 274,496 million a year ago. Total income was INR 22,442 million against INR 276,881 million a year ago. Loss before tax was INR 49,612 million against INR 1,563 million a year ago. Net loss after tax was INR 720 million or INR 8.95 per diluted share against INR 3,997 million or INR 0.29 per diluted share a year ago.

For the quarter on standalone basis, revenue from operations was INR 63,919 million against INR 85,723 million a year ago. Total income was INR 64,130 million against INR 86,081 million a year ago. Loss before tax was INR 21,821 million against INR 7,502 million a year ago. Net loss after tax was INR 14,282 million or INR 3.96 per diluted share against INR 4,923 million or INR 1.37 per diluted share a year ago. Total revenue was INR 65,097 million against INR 86,627 million a year ago. Total EBITDA was INR 12,233 million against INR 21,917 million a year ago. LBIT was INR 9,181 million against EBIT of INR 2,265 million a year ago. Loss before tax was INR 20,671 million against INR 7,230 million a year ago. Loss after tax was INR 213,519 million against INR 4,789 million a year ago. Cash profit was INR 200 million against INR 12,276 million a year ago. The operator's capital expenditure for the current quarter stood at INR 17,500 million.

For the nine months on standalone basis, revenue from operations was INR 217,961 million against INR 272,470 million a year ago. Total income was INR 218,651 million against INR 273,953 million a year ago. Loss before tax was INR 54,729,000 million against INR 6,664,000 million a year ago. Net loss after tax was INR 36,878 million or INR 9.95 per diluted share against INR 3,747 million or INR 1.04 per diluted share a year ago. Idea's net debt as of December 31, 2017, stood at INR 557,818 million. This included a large component of debt from the Department of Telecommunications, under deferred payment obligation for spectrum acquired in auctions.

For the fiscal 2018, the company raised capex guidance for the current fiscal to INR 70,000 million from the earlier INR 60,000 million.