Vodafone Idea reported a net loss of Rs50,921.90cr in the quarter ended September 2019 as against a net loss of Rs4,973.8cr during the previous quarter ended September 2018.
However, its sales rose 41.76% to Rs10,840.20cr in the quarter ended September 2019 as against Rs7,646.70cr during the previous quarter ended September 2018.
The stock hit 10% lower circuit at Rs2.66 per share on BSE in the early morning trade, however, the stock has recouped its losses and currently trading higher by 6%.
Vodafone Idea Ltd is currently trading at Rs3.13, up by Rs0.18 or 6.1% from its previous closing of Rs2.95 on the BSE.
The scrip opened at Rs2.66 and has touched a high and low of Rs3.25 and Rs2.61 respectively.
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