Profit growth has been underpinned by high gains in absolute revenue despite contracted Ebitda margin on account of volatile raw material prices, which have now started to soften, pointing to further margin expansion should the declining trend in input costs holds.
Vodafone Idea approves Rs 20,000 cr fundraise plans in a fight for survival
Vodafone Idea’s board has approved raising up to Rs 20,000 crore through equity and debt to strengthen its financial position. The capital infusion aims to