Vodafone Idea shares fall 3% after Q2 loss widens to Rs 5,975 crore on exceptional charges, ARPU rises to Rs 198
Shares of Vodafone Idea dropped more than 3% on Friday after the telecom major reported a net loss of Rs 5,975 crore for the July-September quarter of the ongoing FY27, higher than the Rs 5,584 crore reported in the same period last year, partly due to the adverse impact of mark-to-market adjustments on treasury assets.
Vodafone Idea’s revenue from operations increased more than 6% year-on-year to Rs 11,884 crore in Q2 FY27 from Rs 11,195 crore in the year-ago quarter. The company’s total expenses rose a little over 5% YoY to Rs 17,759 crore from Rs 16,862 crore in Q2 FY26. The shares of the company however fell to Rs 12.52 apiece on the NSE.
