New Delhi, May 29 -- Vodafone Idea Ltd is set to report a loss for another quarter amid mounting financial pressure and fresh concerns over its survival owing to pending adjusted gross revenue (AGR) dues.
The telecom operator, which will declare March quarter earnings on 30 May, is expected to report a net loss of Rs.7,162.5 crore-an average of six brokerage firms' estimates-slightly narrower year-on-year but widening sequentially. Its loss stood at Rs.6,609 crore in the preceding quarter and Rs.7,675 crore in the year-ago period.
Revenue is projected to come in at Rs.11,030 crore, reflecting a 4% improvement from the year-ago period but down marginally from Rs.11,117 crore in the preceding quarter.
A sequential widening of losses is e...
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