Vodafone Idea Q4 loss narrows to ₹4,881.9 crore

Vodafone Idea Ltd’s consolidated net loss narrowed marginally in the fiscal fourth quarter, as the company realised merger synergies and as revenue stabilised after the introduction of minimum recharge plans.

India’s largest telecom operator by subscribers posted a net loss of ₹4,881.9 crore in the March quarter. It had incurred a net loss of ₹5,004.6 crore in the December quarter and ₹4,973.8 crore in the September quarter.

It beats a Reuters analyst forecast which had pegged the net loss at ₹4,946 crore.