Vodafone Idea Q2 net loss narrows to ₹7,175 crore, Arpu rises to ₹156

Vodafone Idea Ltd’s losses narrowed to ₹7,175 crore in the September quarter, down from ₹8,746 crore a year earlier, as revenues edged up to ₹10,932 crore from ₹10,716 crore. The struggling telecom carrier, however, continued to push for further tariff rationalization across the industry, citing the need to cover capital costs.

Average revenue per user (Arpu)—a key profitability indicator—rose to ₹156 from ₹142 a year ago and ₹146 in the prior quarter, driven by tariff hikes executed in June and the actual effect kicking in from the September quarter.

Read more

You may also like

Comments are closed.

More in Live Mint