New Delhi, Nov. 10 -- Vodafone Idea announced its financial performance for the September-ending quarter on November 10, post-market hours, reporting a net loss of Rs.5,524.2 crore, lower than the net loss of Rs.7,176 crore recorded in the same period last year.
Sequentially, the net loss also narrowed from Rs.6,608 crore reported in the preceding June quarter.
Its consolidated revenue from operations stood at Rs.11,194.7 crore during the reported quarter, marking a 2.4% increase from Rs.10,932.2 crore in the September 2024 quarter, led by higher ARPU.
The average revenue per user (ARPU), a key metric for telecom companies, came in at Rs.180, above analysts' estimates of Rs.166, driven by 4G additions and an improved user mix.
The ARP...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.