Advertisement
trendingNowenglish2005709https://zeenews.india.com/international-business/vodafone-dials-up-6-3-bn-euro-annual-net-loss-2005709.html

Vodafone dials up 6.3-bn-euro annual net loss

Vodafone`s performance in the 12 months to March was hit by a 3.7-billion-euro impairment at the Indian unit and compared with a net loss of 5.4 billion euros in the previous financial year, it said in a statement.

Vodafone dials up 6.3-bn-euro annual net loss

British mobile phone giant Vodafone revealed Tuesday that annual net losses worsened to 6.3 billion euros ($6.9 billion) on the back of a vast writedown at its troubled Indian division.

Vodafone`s performance in the 12 months to March was hit by a 3.7-billion-euro impairment at the Indian unit and compared with a net loss of 5.4 billion euros in the previous financial year, it said in a statement.

 

Stay informed on all the latest news, real-time breaking news updates, and follow all the important headlines in india news and world News on Zee News.

NEWS ON ONE CLICK