Vodafone posts EUR 7.8 bn loss for H1 2018 due to loss in disposal of Indian arm
The company had posted a profit of 1.2 billion euros in the same period of 2017.
The company had posted a profit of 1.2 billion euros in the same period of 2017.
Revenues under pressure, costs may continue to rise: CEO Gopal Vittal.
Rcom's loss for the March ended financial year was Rs23,950 crore compared with Rs1,320 crore a year ago.
The income on consolidated basis also declined to Rs 4,241.54 crore as compared to Rs 4,394.88 crore.
The operator had registered a profit of Rs 62 crore during the same period last year
The losses are on account of decline in revenue and increase in expenditure, Ravi Shankar Prasad said in a written reply to the Lok Sabha.