Telecom carrier Idea Cellular Ltd posted its fourth straight quarterly loss on Monday, as it struggled with the aggressive pricing structure brought in by an upstart rival.

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Net loss after tax was 11.07 billion rupees ($169.45 million) in the quarter ended Sept. 30, compared with a profit of 915 million rupees a year earlier, Idea Cellular said on Monday. 

Analysts on average expected the company to post a loss of 11.25 billion rupees, according to Thomson Reuters data.

Revenue from operations of the company, which is merging its operations with Vodafone Group Plc`s Indian unit, fell about 20 percent to 74.66 billion rupees.($1 = 65.3300 Indian rupees)

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)