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Vodafone Idea Q4 consolidated net loss rises to ₹11,643.5 crore


Vodafone Idea Ltd’s (VIL) consolidated net loss rose to ₹11,643.5 crore for the fourth quarter ended March 31, 2020, compared with a net loss of ₹4,881.9 crore recorded during the same period a year ago.

During the quarter under review, VIL posted gross revenue of ₹11,754.2 crore, as against ₹11,775 crore recorded during the comparable year-ago period, it said in a statement.

The company also said it had adopted Indian Accounting Standard 116 from April 1, 2019, and hence the fourth quarter FY19 figures are not comparable with later quarters.

“Our focus ...


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