Vodafone Idea Q4 Preview: Co likely to remain in red on subscriber losses, muted revenue

Continued losses in subscribers, negative operating leverage, and muted growth in revenue is likely to keep Vodafone Idea in the red during the March quarter.

The telecom operator is expected to post a consolidated net loss of Rs 7,524 crore, according to the average of estimates given by 4 brokerages. This would be higher than the loss of Rs 6,563 crore posted a year ago. On a sequential basis, however, the losses are seen narrowing. The company will release its quarterly numbers on Thursday. Consolidated revenue for the quarter is seen rising 3% on year to Rs 10,543 crore, but falling by around 1% sequentially.