Vodafone-Idea reports net loss of Rs 25,460 crore in Q1 of FY-2020 as COVID-19 hits business

Hello guys Vodafone-Idea company release her net worth loss Upto 25,460 crore in 1st quarter of this year 2020 the loss happen because of covid-19.As the besieged telecom operator set aside Rs 19,440 crore towards dues owed to the government.

Here the total amount is 25,460 and 19,440 crore company pays to the telecom operator to government and company had loss of 4874 crore from his account this time and last year.In market the company stocks is reduces there loss happen.The company reported a 5.4 per cent fall in consolidated revenue from operations to Rs 10,659 crore during 1st quarter of 2020 compared with Rs 11,270 crore a year earlier.

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