Spice Comm net loss at Rs 1015 cr

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Spice Comm net loss at Rs 1,015 cr

It also reported a net profit of Rs 380.13 crore in the period ended December 2007

Friday, June 19, 2009

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NEW DELHI, INDIA: Telecom service provider Spice Communications, on Thursday announced that it reported a net loss of Rs 1,015.22 crore for the 15 months ended March 31, 2009.

It also reported a net profit of Rs 380.13 crore in the period ended December 2007, said a press release.

The company's net sales stood at Rs 1,580.47 crore for the period ended March 2009, against Rs 957.84 crore in the fiscal ended December 31, 2007.

During the financial year, the stake of Idea in the company stands at 41.09 per cent effective October 16, 2008.

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