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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
India's Vodafone Idea reported a bigger-than-expected second-quarter loss on Wednesday, weighed down by a shrinking user base.
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’s loss narrows to ₹7,176 Crore in Q2
Cash EBITDA excluding the impact of Ind AS 116 increased to ₹2,320 Crore, the highest since the merger, up 10% quarter on 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's FYQ2 loss widens to Rs-7,176 crore
Mumbai: Vodafone Idea’s net loss widened to Rs 7176 crore in the fiscal second quarter, FY25, from Rs6432 crore in the previous quarter, as the telco continued to be dragged by customer losses, though the recent headline rate hike of July helped it report some sequential revenue growth.
Vodafone Idea's Share Price Wobbly After Q2-Print Misses Estimates
Vodafone Idea‘s share price was wobbly on Thursday morning as the company’s September quarter results failed to lift investor sentiments. What Happened: The telecom major posted a net loss of ₹7,175 crore for the September quarter,
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.
Vodafone Idea Q2 Results: Net loss widens to Rs 7,176 crore, worse than estimates
Private sector telecom operator Vodafone Idea reported a consolidated net loss of Rs 7,176 crore for the July-September period on Wednesday. Read on to learn more about the telecom firm's earnings report.
Business Today
1d
Vodafone Idea Q2 FY25 results: Net loss narrows to Rs 7,176 crore YoY; revenue up 2%
Vodafone
Idea was formed in 2018 when
Vodafone
Group merged its
India
business with Idea Cellular. As of April 23, 2024 ...
3h
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
Nokia and Vodafone Idea Drive 4G Expansion to Elevate Connectivity and Data Capacity Across India
Nokia has undertaken substantial upgrades across over 42,000 technology sites and expanded spectrum on more than 25,000 sites ...
1d
Vodafone UK reports 28% rise in H1 FY25 operating profit, driven by Indus Towers stake sale
Vodafone Groups operating profit for H1 FY25 rose 28%, largely due to a €0.7 billion gain from selling an 18% stake in Indus ...
devdiscourse
2d
Starlink Yet to Meet Security Standards for India License
Union Telecom Minister Jyotiraditya Scindia stated that Starlink, owned by Elon Musk, must comply with security norms before ...
indianweb2.com
11d
Vodafone Offers Alternative Path for Mumbai–Europe Connection With New IEX Undersea Cable Station At Greece's Crete Island
Vodafone Greece has successfully connected the island of Crete to the India-Europe-Xpress (IEX) subsea cable system. This new ...
Business Today on MSN
8d
Elon Musk's Starlink battles Indian telcos over satellite spectrum auction demands: Report
Bharti Airtel, supported by the Bharti-backed satcom venture Eutelsat Oneweb,
Vodafone
Idea, and the Cellular Operators ...
17h
on MSN
Top News of Nov 13: Market plunge; Vodafone Idea Q2; Delhi’s ’severe’ AQI; SC setback to Ajit Pawar, more
From Indian markets declining for the 5th straight session on Wednesday to Vodafone Idea Q2 Results to Virat Kohli not in the ...
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