New Delhi, Nov 12 (PTI) Shares of Vodafone Idea Ltd (VIL) on Friday jumped nearly 5 per cent after the company reported narrowing of consolidated loss to Rs 7,144.6 crore for the second quarter ended September.

The stock gained 4.66 per cent to close at Rs 10.34 on BSE. During the day, it zoomed 5.76 per cent to Rs 10.45.

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On NSE, it jumped 4.56 per cent to settle at Rs 10.30.

In volume terms, 792.28 lakh shares were traded on BSE and over 28.50 crore on NSE.

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The debt-ridden telecom operator on Friday reported narrowing of consolidated loss on account of an increase in mobile services tariff and cost optimisation.

The company had posted a loss of Rs 7,218.2 crore in the corresponding period of FY21.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)