Vodafone Idea’s board has approved raising up to ₹20,000 crore despite a widened net loss of ₹7,166 crore and continued subscriber losses. The company aims to fund its 4G and 5G expansion to curb user churn, while auditors caution about its ability to meet liabilities. Despite challenges, Vi reports improved ARPU and reduced subscriber loss pace.
Waaree Energies shares crash 9% despite 75% increase in Q4 net profit, upbeat FY27 guidance
Waaree Energies shares tanked as much as 9% even after a robust March quarter and full-year performance. The company reported significant revenue and profit growth.