Tulip Telecom announces Q2 results

Tulip Telecom Ltd has announced the following Unaudited results for the quarter ended September 30, 2009:

The Company has posted a net profit of Rs 520.698 million for the quarter ended September 30, 2009 as compared to Rs 491.869 million for the quarter ended September 30, 2008. Total Income has increased from Rs 3730.380 million for the quarter ended September 30, 2008 to Rs 4946.930 million for the quarter ended September 30, 2009.

The Unaudited Consolidated Results are as follows

The Group has posted a net profit of Rs 517.922 million for the quarter ended September 30, 2009 as compared to Rs 501.571 million for the quarter ended September 30, 2008. Total Income has increased from Rs 3791.580 million for the quarter ended September 30, 2008 to Rs 4947.116 million for the quarter ended September 30, 2009.