Vodafone Idea’s net loss narrows to Rs 6,434 crore in Q1 FY2025

Mumbai: Vodafone Idea’s net loss narrowed sequentially to Rs 6,434.4 crore in the fiscal first quarter, from Rs 7,675 crore in the period ended March, on the back of lower finance and depreciation & amortisation costs, even though it continued to be dragged by heavy customer losses and stagnating revenue amid an anticipated climb in inevitable capital expenditure needed for commercial viability.

Operationally, the joint venture between UK’s Vodafone and India’s Aditya Birla Group, continued to battle with operational challenges. The telco’s average revenue per user (ARPU) — a key performance metric — remained flat sequentially at Rs 146, even though the full impact of the recent headline rate hikes will flow in only from the fiscal second quarter. But there was a marginal rise in the 4G user base that boosted data usage sequentially.