Vodafone Idea reports quarterly loss

(Reuters) - Vodafone Idea Ltd reported a second-quarter loss on Wednesday, in its first quarterly result since Vodafone Plc merged its Indian operations with Idea Cellular in August.
Loss after tax was 49.74 billion rupees ($687.92 million) in the quarter ended Sept. 30, the company said in a statement.
Revenue from operations was 76.64 billion rupees. https://reut.rs/2QGyCX2
Second-quarter results include numbers for Idea Cellular up to Aug. 30 and Vodafone Idea from Aug. 31 to Sept. 30, and are not comparable to earlier periods, the company said.
($1 = 72.3050 Indian rupees)
(Reporting by Arnab Paul in Bengaluru; Editing by Sunil Nair and Shounak Dasgupta)
Disclaimer: No Business Standard Journalist was involved in creation of this content
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First Published: Nov 14 2018 | 7:26 PM IST
