Vodafone Idea reports Rs 5,005-crore loss for Oct-Dec quarter post merger


Telecom operator Vodafone Idea on Wednesday reported a consolidated loss of Rs 5,005.7 crore for the third quarter of 2018-19. The books of Vodafone Idea recorded comprehensive loss of Rs 1,284.5 crore in the same quarter a year ago.

However, the year-on-year figure is not comparable as the merger between Vodafone and Idea completed on August 31, 2018. The loss, however, widened on a sequential quarter basis. Total income of Vodafone Idea stood at Rs 11,982.8 crore during the reported quarter. The.....

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