Vodafone Idea Q1 results
Vodafone Idea Q1 results
Vodafone Idea Q1 results
News summary

Vodafone Idea reported a smaller-than-expected consolidated loss of 64.32 billion rupees for Q1 FY25, down from 78.40 billion a year prior, aided by a 7% reduction in expenses. Despite a revenue drop of 1.4% to 105.08 billion rupees, which was below analysts' expectations, the company's average revenue per user (ARPU) grew 4.5% to 146 rupees. The telco's 4G subscriber base increased to 126.7 million, while total subscribers fell by 5.1% to 210.1 million. Vodafone Idea aims to enhance its 4G coverage by 16 million and expand data capacity by 15% by September 2024. The firm has also reduced its bank debt significantly and continues to focus on launching 5G services. Competitors Bharti Airtel and Reliance Jio reported revenue increases, highlighting Vodafone Idea's ongoing challenges in the competitive telecom market.

Story Coverage
alt
Reuters
Center
India's Vodafone Idea reports lower-than-expected Q1 loss on reduced expenses
Voda Idea Q1 loss narrows to 6,432 crore
Vodafone Idea reports narrower Q1 loss of Rs 6,432 crore
Bias Distribution
50% Right
Information Sources
a3544a73-dab3-486d-ae75-bd4d15f01f55045e1b4c-3084-4df3-accf-c023e46a780b
Center 50%
Right 50%
Coverage Details
Total News Sources
2
Left
0
Center
1
Right
1
Unrated
0
Last Updated
35 days ago
Bias Distribution
50% Right
Related News
AI Assistant
Story Coverage
alt
Reuters
Center
India's Vodafone Idea reports lower-than-expected Q1 loss on reduced expenses
Voda Idea Q1 loss narrows to 6,432 crore
Vodafone Idea reports narrower Q1 loss of Rs 6,432 crore
Subscribe

Stay in the Know, Subscribe to Our News

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Related News
Recommended News