05-11-2022 10:51 AM | Source: Accord Fintech
Vodafone Idea gains as its consolidated net loss narrows to Rs 6563 crore in Q4
News By Tags | #1302 #572 #276 #4946

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

Vodafone Idea is currently trading at Rs. 8.79, up by 0.05 points or 0.57% from its previous closing of Rs. 8.74 on the BSE.

The scrip opened at Rs. 8.80 and has touched a high and low of Rs. 9.03 and Rs. 8.78 respectively. So far 10941069 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 16.79 on 10-Dec-2021 and a 52 week low of Rs. 4.55 on 05-Aug-2021.

Last one week high and low of the scrip stood at Rs. 9.32 and Rs. 8.65 respectively. The current market cap of the company is Rs. 28553.66 crore.

The promoters holding in the company stood at 74.99%, while Institutions and Non-Institutions held 5.27% and 19.74% respectively.

Vodafone Idea has reported net loss at Rs 6461 crore for fourth quarter and year ended March 31, 2022 as compared to net loss of Rs 7026.50 crore for the same quarter in the previous year. However, total income of the company increased 6.53% at Rs 10186.50 crore for Q4FY22 as compared Rs 9562 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss at Rs 6563.10 crore for fourth quarter and year ended March 31, 2022 as compared to net loss of Rs 7022.80 crore for the same quarter in the previous year. However, total income of the company increased by 6.47% at Rs 10271.80 crore for Q4FY22 as compared Rs 9647.80 crore for the corresponding quarter previous year.

For the year ended March 31, 2022, the company has reported net loss at Rs 28237.20 crore as compared to net loss of Rs 46293.70 crore for the previous year. However, total income of the company decreased by 8.62% at Rs 38318.20 crore for year under review as compared to Rs 41931.10 crore for year ended March 31, 2021.

For the year ended March 31, 2022, on the consolidated basis, the company has reported net loss at Rs 28245.40 crore as compared to Rs 44233.10 crore for the previous year. Total income of the company decreased by 8.26% at Rs 38644.90 crore for year under review as compared to Rs 42126.40 crore for year ended March 31, 2021.