Vodafone Idea reduces consolidated net loss to Rs 6,432 crore, adds 3.8 million 4G subscribers in a year

NEW DELHI: Vodafone Idea Limited, India’s third-largest telecom operator, reported a consolidated net loss of Rs 6,432 crore for the first quarter of the financial year 2024-2025, down from Rs 7,840 crore in the same period last year. Revenue from operations declined by 1.3% to Rs 10,508.3 crore, compared to Rs 10,655.5 crore a year earlier. However, the company improved its average revenue per user (ARPU) to Rs 146, up from Rs 139 a year ago. EBITDA on a reported basis was Rs 4,200 crore and capital expenditure (capex) for the quarter was Rs 760 crore.