Vodafone Group Plc (VOD.L, VOD) reported fiscal year pretax profit of 3.88 billion euros compared to 2.79 billion euros, prior year. Profit for the year was 2.8 billion euros, including a 2.2 billion euros net of tax reduction in the carrying value of the Group's operations in India and a 1.9 billion euros increase in deferred tax assets in Luxembourg. Operating profit rose to 4.3 billion euros compared to 3.7 billion euros, in the prior year, reflecting operational leverage and the benefit of cost efficiency initiatives.
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