Vodafone Idea gains after its consolidated net loss narrows to Rs 7,175.90 crore in Q2FY24
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Vodafone Idea is currently trading at Rs. 7.38, up by 0.01 points or 0.14% from its previous closing of Rs. 7.37 on the BSE.
The scrip opened at Rs. 7.37 and has touched a high and low of Rs. 7.62 and Rs. 7.32 respectively. So far 28999598 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 19.15 on 28-Jun-2024 and a 52 week low of Rs. 7.32 on 14-Nov-2024.
Last one week high and low of the scrip stood at Rs. 8.07 and Rs. 7.32 respectively. The current market cap of the company is Rs. 51438.46 crore.
The promoters holding in the company stood at 37.32%, while Institutions and Non-Institutions held 40.74% and 21.95% respectively.
Vodafone Idea has reported net loss of Rs 7,209.50 crore for the quarter ended September 30, 2024 as compared to net loss of Rs 8,727.80 crore for the same quarter in the previous year. However, total income of the company increased by 4.44% at Rs 11,145.30 crore for Q2FY25 as compared to Rs 10,671.50 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported net loss of Rs 7,175.90 crore for Q2FY25 as compared to net loss of Rs 8,737.90 crore for the same quarter in the previous year. However, total income of the company increased by 4.48% at Rs 11,232.20 crore for Q2FY25 as compared to Rs 10,750.80 crore for the corresponding quarter previous year.
