Vodafone Idea Q3 results preview: Losses to widen further; marginal revenue growth seen

Vodafone Idea is expected to report a weak December-quarter performance, with revenue growth remaining muted and losses widening as modest gains in ARPU continue to be offset by ongoing subscriber losses. An average of five brokerages expects revenue to rise by about 1% year-on-year in Q3, while losses are seen expanding to around ₹6,700-7,000 crore.

Revenue steady, ARPU inches up

Brokerages broadly expect Vodafone Idea’s revenue to remain largely flat on a sequential basis, with marginal improvement driven by a small increase in ARPU.