Vodafone Idea narrows quarterly loss and boosts ARPU on subscriber gains
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.