Vodafone Idea Ltd reported a loss on Wednesday, in its second quarterly results since Vodafone Plc merged its Indian operations with Idea Cellular in August last year.

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

The loss after tax was 50.05 billion rupees ($699.49 million) in the quarter ended Dec. 31, the company said in a statement.

That was above analysts` estimates of a loss of 52.56 billion rupees, according to Refinitiv Eikon data.

Watch This Zee Business Video

Revenue from operations was 117.65 billion rupees.

The company said the quarterly numbers were not comparable on account of the merger last year.