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India's Vodafone Idea posts bigger-than-expected Q2 loss
India's Vodafone Idea posts bigger-than-expected Q2 loss as user base shrinks
(Reuters) - India's
Vodafone
Idea
reported a bigger-than-expected second-quarter loss on Wednesday, weighed down by a shrinking user base. The telecom operator narrowed its consolidated loss after tax to 71.76 billion rupees ($850.7 million) for the ...
Vodafone Idea Q2 results: Revenue climbs 4% to ₹10,932 cr; ARPU rises to ₹166
Vodafone Idea reports #Q2Results???? ????Net loss at ₹7,176 cr vs loss of ₹6,432 cr (QoQ) ????Revenue up 4% at ₹10,932.2 cr vs ₹10,508.3 cr (QoQ) ????EBI
Vodafone Idea Q2 Results 2024: Loss Falls by 17.88% YOY, Loss at ₹7175.9 Crore and Revenue at ₹10932.2 Crore
Revenue increased by 2.01% YoY & loss decreased by 17.88% YoY, loss at ₹7175.9 crore and revenue at ₹10932.2 crore.
Vodafone Idea narrows Q2 net loss at Rs 7,176 crore, ARPU at Rs 156
Vodafone Idea, the debt-laden telecom company, narrowed its consolidated net loss in Q2 to Rs 7,176 crore from Rs 8,737 crore last year. The telco had reported a net loss of Rs 6,432 crore in the previous quarter.
Vodafone Idea shares jump 2% as Q2 loss narrows to Rs 7,176 crore
Vodafone Idea reported a smaller net loss of Rs 7,176 crore in Q2 FY25, helped by revenue growth and tariff hikes. Despite this, the telco's subscriber base shrunk due to the price increases. Vodafone Idea's future hinges on securing debt funding,
Vodafone Idea loss narrows to Rs 7,176 cr in Q2
Vodafone Idea reported a smaller loss of Rs 7,176 crore in the September quarter, helped by tariff increases that boosted revenue to Rs 10,932 crore. Despite an 8% rise, its ARPU of Rs 166 still trails rivals Jio and Airtel.
Vodafone Idea Reduces Loss To Rs 7,176 Crore In July-Sept Quarter
The company earnings before interest, tax, depreciation and amortisation (EBITDA) for the quarter increased to Rs 4,550 crore in the second quarter.
8h
Vodafone Idea may soon serve its customers with bad news, here's what the company is planning
Vodafone Idea owing to ensure industry growth and maintain affordability for all plans to soon ...
7h
on MSN
91% upside potential! Nomura is bullish on telecom stock Vodafone Idea post Q2 results, retains 'buy' call
Nomura India maintains a 'Buy' rating on Vodafone Idea with a target price of ₹14, indicating a 91% upside. The firm expects ...
The Week
1d
Why closing debt funding from banks is crucial for Vodafone Idea
The telecom company's plans to raise debt of around Rs 25,000 crore are yet to be concluded. This is crucial for it to ...
1d
on MSN
Vodafone Idea shares: 90% upside ahead? Buy telecom stock, says Nomura
The stock closed at Rs 7.34 apiece on Thursday. Nomura is factoring in a decline in pace of subscribers loss in FY26 and ...
2d
Debt Funding: Vodafone Idea CEO says lenders in wait-and-watch mode, awaiting clarity on AGR issue
The company is optimistic about securing debt funding from its lenders once the government provides clarity on the AGR issue, ...
devdiscourse
2d
Vodafone Idea's Recovery Strategy Amidst Financial Hurdles
Debt-laden
Vodafone
Idea
reported a reduced loss of Rs 7,175.9 crore due to improved ARPU after tariff hikes. Despite ...
The Free Press Journal
2d
Vodafone Idea Q2FY25 Results: Net Loss Narrows To ₹7,176 Crore; Check More For Details
One of the key player in the telecom race,
Vodafone
Idea
(Vi) on Wednesday announced its fiancial performance report for ...
1d
Vodafone-Idea reduces data benefits in Rs 23 prepaid plan
In the recent move, Vi has made changes to its Rs 23 prepaid data plan. From 2GB of data per day to 1GB of data, the users ...
1d
on MSN
Subscriber loss to BSNL after tariff hike is reversing: Vodafone Idea CEO Akshaya Moondra
Vodafone Idea's CEO Akshaya Moondra reports that the subscriber loss to BSNL following recent tariff hikes is reversing.
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