Vodafone Idea announced its financial performance for the June-ending quarter today, August 14, post market hours, reporting a net loss of ₹6,608 crore, higher than the net loss of ₹6,432 crore reported in the same period last year.
However, on a sequential basis, losses narrowed compared to the preceding March quarter, when the company reported a net loss of ₹7,166 crore. Its consolidated revenue from operations during the quarter stood at ₹11,022 crore, a 5% increase from ₹10,508 crore in the June 2024 quarter.
The average revenue per user (ARPU), a key metric for telecom companies—came in at ₹177, above analysts’ estimates of ₹167, driven by subscriber upgrades and an improved mix.
The metric improved by 15% from ₹154 in Q1FY25. At the operating level, the company reported an EBITDA of ₹4,612 crore, compared to ₹4,204 crore in the year-ago quarter, with margins rising to 41.8% from 40%.
The company’s finance cost jumped to ₹5892 in Q1 crore from ₹5518 crore, but came in lower as compared to ₹6471 crore in the preceding March quarter.
