Tariff hikes come to rescue, Vodafone Idea narrows loss to Rs 6,609.3 crore for third quarter

Tariff hikes in July last year have helped Vodafone Idea Ltd (VIL) to narrow its consolidated losses in the third quarter ended December 31 to ₹6,609.3 crore from ₹6,985.9 crore a year ago.

The company, in which the government of India holds a 22.60 per cent stake, had recorded a loss of ₹7,175.9 crore in the preceding three months.