City
Epaper

Vodafone Idea's Q4 loss widens to Rs 7,674 crore

By IANS | Updated: May 16, 2024 19:50 IST

Mumbai, May 16 Telecom operator Vodafone Idea (Vi) on Thursday reported a bigger net loss of Rs 7,674 ...

Open in App

Mumbai, May 16 Telecom operator Vodafone Idea (Vi) on Thursday reported a bigger net loss of Rs 7,674 crore for the January-March quarter of 2023-24, compared to the corresponding figures of Rs 6,418.9 crore reported in the same quarter of 2022-23.

Vodafone Idea's revenue from operations increased marginally to Rs 10,606 crore from Rs 10,531 crore in the same quarter of the last financial year.

Its average revenue per user (ARPU) rose to Rs 146 from Rs 135 reported in the same quarter last fiscal.

The company also said that it posted the highest post-merger quarterly EBITDA of Rs 2,180 crore, which represents a 5.4 per cent increase over the same period of the previous year.

Shares of Vodafone Idea closed at Rs 13.15 apiece on the BSE on Thursday.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

TechnologyUS could unveil semiconductor tariffs next week

CricketFormer Australian captain and coach Bob Simpson passes away at 89

BusinessUS could unveil semiconductor tariffs next week

Cricket"He just wants to run in, bowl fast day after day...": Flintoff hails pacer Baker on maiden English call-up

TechnologyThere will be no pact that harms interests of our farmers: Shivraj Singh Chouhan

Business Realted Stories

BusinessThere will be no pact that harms interests of our farmers: Shivraj Singh Chouhan

Business1.4 lakh users activated FASTag annual pass on Day 1 with 1.39 lakh transactions

BusinessStrong monsoon, rising wages, and govt spending fuel rural economy recovery: Report

Business"Sovereign rating upgrade was much required," says PM EAC member Sanjeev Sanyal as S&P upgrades India to BBB

BusinessCII welcomes next-generation upcoming GST reforms announced by PM Modi during I-Day speech