New Delhi, Nov 13 (PTI) Shares of telecom operator Vodafone Idea on Friday declined over 3 per cent after the company reported a widening of consolidated net loss to Rs 5,975 crore for the July-September quarter.

    The stock dropped 3.16 per cent to settle at Rs 12.57 apiece on the BSE. During the day, it declined 3.54 per cent to Rs 12.52.

    At the NSE, the stock fell 3 per cent to end at Rs 12.57 per share.

    Vodafone Idea on Thursday reported a widening of consolidated net loss to Rs 5,975 crore for the July-September quarter, mainly due to an exceptional loss of Rs 462 crore.

    The company posted a net loss of Rs 5,524 crore in the year-ago period, according to a regulatory filing.

    The reported loss was higher due to the "adverse impact of mark-to-market of treasury assets", it added.

    Vodafone Idea's revenue from operations rose 6.2 per cent to Rs 11,884 crore from Rs 11,195 crore in Q2 FY26.

    The firm booked an exceptional loss of Rs 462 crore in the quarter on remeasurement of 328 crore of its shares earmarked by Vodafone Group entities for a period of five years, according to the filing.

    It had recorded a gain of Rs 1,816 crore on these shares in the previous quarter.

(This story has not been edited by THE WEEK and is auto-generated from PTI)
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