Vodafone Idea declines as its consolidated net loss widens to Rs 7231 crore in Q3

Vodafone Idea is currently trading at Rs. 11.25, down by 0.65 points or 5.46% from its previous closing of Rs. 11.90 on the BSE.

vodafone idea trades higher on the bourses
vodafone idea trades higher on the bourses

The scrip opened at Rs. 11.40 and has touched a high and low of Rs. 11.80 and Rs. 11.15 respectively. So far 24150424 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 16.79 on 13-Dec-2021 and a 52 week low of Rs. 4.55 on 05-Aug-2021.

Last one week high and low of the scrip stood at Rs. 12.90 and Rs. 11.15 respectively. The current market cap of the company is Rs. 32614.67 crore.

The promoters holding in the company stood at 72.05%, while Institutions and Non-Institutions held 5.57% and 22.38% respectively.

Vodafone Idea has reported net loss at Rs 7188.80 crore for the quarter ended December 31, 2021 as compared to net loss of Rs 6717.70 crore for the same quarter in the previous year.

Total income of the company decreased by 10.96% at Rs 9670 crore for Q3FY22 as compared Rs 10860.70 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss at Rs 7230.90 crore for the quarter ended December 31, 2021 as compared to net loss of Rs 4532.10 crore for the same quarter in the previous year. Total income of the company decreased by 10.81% at Rs 9751.80 crore for Q3FY22 as compared Rs 10933.50 crore for the corresponding quarter previous year.

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