Q1 Results: Vodafone Idea’s Core Operating Profit Turns Negative
Top-up vouchers for Aircel Ltd., clockwise from top left, Reliance Communications Ltd., Vodafone Group Plc, Bharti Airtel Ltd., and Idea Cellular Ltd. sit inside a box at a mobile phone store in Mumbai, India, (Photographer: Dhiraj Singh/Bloomberg)

Q1 Results: Vodafone Idea’s Core Operating Profit Turns Negative

Vodafone Idea Ltd.’s core operating profit turned negative in the quarter ended June as revenue declined and costs rose amid an unabated tariff war in India’s telecom market.Vodafone Plc. and Kumar...
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