A major concern is that the company’s operations may not be able to sustain these levels of indebtedness at a time when it has been reporting a shrinking subscriber base. It gradually fell to 31.1 crore in the September 2019 quarter from 42.2 crore in the year-ago quarter.
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Balance sheet of Vodafone Idea hit by losses
Balance sheet of Vodafone Idea hit by losses
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