Vodafone Idea Q3 results: Net loss narrows marginally to Rs 6,609 crore

India’s Vodafone Idea reported a smaller-than-expected third-quarter loss on Tuesday, as the telecom operator’s per-user revenue continued to be boosted from July’s tariff hikes.

Vodafone Idea- 22.6 per cent owned by the Indian government- was formed by a merger between the Indian arm of the UK’s Vodafone Group and Aditya Birla Group’s Idea Cellular in 2018.

It has posted a loss in every quarter as it continues to lose market share.