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Vodafone Idea’s Q2 performance misses expectations

Negative-67Company event

GreyOak summary

Vodafone Idea reported a net loss of ₹5,975 crore for the September quarter, expanding from ₹5,562 crore a year ago and missing analyst estimates. Revenue grew 6.15% year-on-year to ₹11,884 crore, supported by subscriber additions. The company secured over ₹10,500 crore in funding in the first half of the fiscal year.

What it affects

  • Vodafone IdeaIDEANegative -67

    Net loss expanded to ₹5,975 crore.Rolling sentiment Negative -78

Source

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