Vodafone Idea’s Net Loss Widens to Rs 8,738 Crore in Q2

Vodafone Idea’s Net Loss Widens to Rs 8,738 Crore in Q2

Vodafone Idea Ltd reported a consolidated net loss of Rs 8,738 crore for the quarter ended September 2023. This represents a widening of the net loss compared to the preceding quarter and the year-ago period. However, revenue from operations showed a marginal increase of 0.9%. The Average Revenue Per User (ARPU) for the reporting quarter also saw a sequential growth of 2.1%. The company’s 4G subscriber base continued to grow, reaching 124.7 million in September 2023.

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TIS Staff

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