Vodafone Idea Q2 loss misses Bloomberg estimate
In short
Vodafone Idea said its Q2 net loss widened to ₹5,975 crore, compared with ₹5,562 crore a year earlier.
The loss was bigger than Bloomberg’s estimate of ₹5,263 crore. The company also arranged more than ₹4,000 crore in extra bank funding during the quarter.
What the reporting says
Vodafone Idea reported a net loss of ₹5,975 crore in Q2, wider than ₹5,562 crore a year ago and above Bloomberg’s estimate of ₹5,263 crore, according to a Mint summary. The company also arranged over ₹4,000 crore in incremental bank funding during the quarter.
Why it matters
Vodafone Idea reported a Q2 net loss of ₹5,975 crore, wider than ₹5,562 crore a year earlier and above Bloomberg’s estimate of ₹5,263 crore, according to a Mint summary. The company also arranged over ₹4,000 crore in incremental bank funding during the quarter.