InvestorQ : Why have there been concerns over Vodafone sustainability of late?
manisha Kolvenkar made post

Why have there been concerns over Vodafone sustainability of late?

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Crowny Pinto answered.
5 months ago
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The concerns mounted after Vodafone Idea reported net loss of Rs.7,023 crore for Mar-21 quarter. Vodafone reported full year net loss of Rs.44,233 crore on top of a net loss of Rs.73,878 crore in FY20. The net worth of the company has eroded to Rs-36,000 crore due to the spate of losses and it is starved for capital. On top of all this, the company has lost 6.3% market share in the telecom market. Outlook appears to be very bleak.

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