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Vodafone Idea narrows quarterly loss and boosts ARPU on subscriber gains

Vodafone Idea logoVodafone Idea
Sig2.61Sen+1.43Env0.00Soc+0.67Gov+0.16

Vodafone Idea’s consolidated loss after tax narrowed to 37.54 billion rupees for the quarter ended June 30, down from 66.08 billion rupees a year earlier. Revenue rose about 6% to 116.89 billion rupees as ARPU increased 10.2% and subscriber additions turned positive, with the user base reaching 193.1 million. The company cited fresh promoter funding and government relief enabling higher 4G and 5G investment.

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