Vodafone Idea shares fall by 3% post Q4 loss of Rs 11,643.5 crore

New Delhi: Shares of Vodafone Idea dipped by 3.20% to Rs 10.28 during the early morning trading hours on the BSE on Tuesday. The fall was on the back of the telco posting a loss of Rs 11,643.5 crore for the fiscal fourth quarter, its seventh successive three-month period in the red, hurt by loss of subscribers, high finance costs and a one-time charge related mainly to its statutory dues.

The telco warned of continued threat to its viability unless the Supreme Court allows it to pay the thousands of crores in adjusted gross revenue (AGR) that it owes to the government in instalments, besides being able to renegotiate repayment terms with its lenders.