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Gain from sale of stake in Indus Towers buffers bottom line Debt-ridden Vodafone Idea on Saturday reported consolidated loss narowed to ₹4,532.1 crore in the third quarter, mainly on account of a one-time gain from stake sale in Indus Towers. The telecom firm posted a loss of ₹6,438.8 crore in the year-earlier quarter. Vodafone Idea Limited (VIL) sold 11.15% stake in Indus Towers on the completion of its merger with Bharti Infratel for ₹ ,760 crore and paid ₹2,400 crore to the merged entity as per its agreement during the reported quarter. ‘Subscriber retention’ “In the third quarter, we improved subscriber retention and operating performance, supported by Vi GIGAnet,” Vodafone Idea MD and CEO Ravinder Takkar said in a statement. “We remain focused on executing our strategy, and our cost optimisation plan remains on track to deliver the targeted savings,” he added.

Ravinder takkarVi giganetBharti infratelVodafone idea limitedDebt ridden vodafone ideaIdea limitedIndus towersரவிந்தேர் தக்கார்பாரதி இன்ப்ரத்தேல்வோடபோன் யோசனை வரையறுக்கப்பட்டவைகடன் ஓடியது வோடபோன் யோசனையோசனை வரையறுக்கப்பட்டவைஇஂடஸ் கோபுரங்கள்