 "Vodafone Idea posts Rs 6,439-cr Dec-quarter loss; subscriber base falls 21%")
Vodafone Idea reported a consolidated loss of Rs 6,439 crore for the December quarter as compared with a Rs 5,005-crore loss in the same period in 2018-19.
This is higher than analyst estimates, which had pegged the loss at Rs 4,000 crore, after being in the red by a record Rs 50,922 crore in the September quarter. Exceptional items in the quarter were valued at Rs 633 crore, largely on account of integration and merger-related costs.
While a large part of the liabilities on account of aggregate gross revenues (AGRs) was in the September quarter (just over Rs
This is higher than analyst estimates, which had pegged the loss at Rs 4,000 crore, after being in the red by a record Rs 50,922 crore in the September quarter. Exceptional items in the quarter were valued at Rs 633 crore, largely on account of integration and merger-related costs.
While a large part of the liabilities on account of aggregate gross revenues (AGRs) was in the September quarter (just over Rs
