Vodafone Idea , the newest and largest telecom operator, will report their second-quarter earnings after market hours on Wednesday.
- This quarter numbers will include two months of Idea’s standalone numbers and one month, that is the month of September, of Vodafone Idea combined since the merger got consummated only on August 31, 2018.
- Vodafone Idea stock has been a big underperformer, having lost about 60 percent so far in 2018. It is now out of the Nifty index and is trading around Rs 40 mark.
- Here’s what the merged entity may report: revenues could be about Rs 7,800 crore and EBITDA margins of about 9 percent and a massive loss of Rs 2,740 crore.