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News Details

( As on 25/05/2023 21:40)

Vodafone Idea L posts Q4 net loss of Rs 6519.30 cr

The company reported standalone net loss during the quarter stood at Rs 6519.30 crore as compared to net loss of Rs 6461.00 crore in the previous year quarter.

Net revenue of the company rose marginally by 3.04 per cent at Rs 10,474.90 crore in January-March quarter of this fiscal as against Rs 10,166.20 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 14.21 per cent to Rs 6,384.30 crore from Rs 5,589.80 crore in year ago period.

Other Income grew by 294.58 per cent at Rs 80.10 crore versus (Mar'22 Rs 20.30 crore).

Operating Profit slipped by 10.62 per cent to Rs 4,090.60 crore as against Rs 4,576.40 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 13.26 per cent in March quarter.

Interest declined by 5.90 per cent y-o-y to Rs 4,999.10 crore