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Vodafone Idea posts highest-ever loss by an Indian firm

Jul 01, 2020 14:54 IST

Vodafone Idea on Wednesday reported a staggering ₹73,878 crore of net loss in fiscal ended March 2020. This is the highest ever loss by any Indian firm after the country's third largest telecom operator provisioned for Supreme Court mandated statutory dues of ₹51,400 crore. Revenue from operations for the March quarter came in at ₹11,754 crore. The revenue from operations for full year FY20 stood at ₹44,957 crore. The same was ₹37,092 crore in FY19.

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