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Vodafone Idea’s consolidated net loss widens to Rs 4882 crore in Q4

14 May 2019 Evaluate

Vodafone Idea has reported results for fourth quarter and year ended March 31, 2019.

The company has reported a net loss of Rs 4,927.00 crore for the quarter under review against net loss of Rs 1,172.70 crore for the same quarter in the previous year. However, total income of the company increased by 89.36 % at Rs 11,890.30 crore for Q4FY19 as compared Rs 6,279.10 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a net loss of Rs 4,881.90 crore for the quarter under review against net loss of Rs 962.20 crore for the same quarter in the previous year. However, total income of the company increased by 86.79% at Rs 11,931.60 crore for Q4FY19 as compared Rs 6,387.70 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a net loss of Rs 14,056.00 crore against net loss of Rs 4,458.30 crore for the previous year. However, total income of the company increased by 33.40% at Rs 37,932.10 crore for year under review as compared to Rs 28,435.10 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has reported a net loss of Rs 14,603.90 crore against net loss of Rs 4,168.20 crore for the previous year. However, total income of the company increased by 32.10% at Rs 37,823.60 crore for year under review as compared to Rs 28,631.90 crore for year ended March 31, 2018.

Peers
Company Name CMP
Bharti Airtel 1837.00
Vodafone Idea 14.29
Indus Towers 375.55
Tata Communications 1798.65
Railtel Corp. India 252.55
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