Voda Idea Q4 results: Net loss widens to Rs 7,674 cr, Arpu at Rs 146

Vodafone Idea (Vi) on Thursday reported a net loss of Rs 7,674.6 crore, widening by 19.5 per cent in the fourth quarter (January-March) of FY24 from Rs 6,418.9 crore in the corresponding quarter of FY23 due to higher expenses and stalling revenues.

On a sequential basis, the firm’s net loss expanded 9.85 per cent, up from Rs 6,986 crore in the preceding quarter.

The telco’s finance cost increased to Rs 6,280.3 crore in Q4, shooting up 25.5 per cent from Rs 6,284 crore in the same quarter of the previous year.