Revenue increased by 2.01% YoY & loss decreased by 17.88% YoY, loss at ₹7175.9 crore and revenue at ₹10932.2 crore.

Vodafone Idea reported a smaller net loss of Rs 7,176 crore in Q2 FY25, helped by revenue growth and tariff hikes. Despite this, the telco's subscriber base shrunk due to the price increases. Vodafone Idea's future hinges on securing debt funding,

India's Vodafone Idea reported a bigger-than-expected second-quarter loss on Wednesday, weighed down by a shrinking user base.

Vodafone Idea, the debt-laden telecom company, narrowed its consolidated net loss in Q2 to Rs 7,176 crore from Rs 8,737 crore last year. The telco had reported a net loss of Rs 6,432 crore in the previous quarter.

Debt-ridden telecom major Vodafone Indea narrowed its Q2 loss on account of rise in ARPU. Vodafone Idea is a part of Aditya Birla Group.

Vodafone Idea has narrowed its losses to Rs 7176 crore in the September quarter, compared with Rs 8738 crore in the same quarter of last year.

Cash EBITDA excluding the impact of Ind AS 116 increased to ₹2,320 Crore, the highest since the merger, up 10% quarter on quarter.

This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors. This article Vodafone Idea's Share Price Wobbly After Q2-Print Misses Estimates originally appeared on Benzinga.com

Vodafone Idea shares declined 2.47 per cent to hit a low of Rs 7.48 on BSE, taking their one-month fall to 17 per cent.  The stock has lost 56 per cent of its market value in 2024 so far.

Vodafone Idea anticipates subscriber growth post-tariff hike, with increased 4G capacity and narrowed net loss in Q2 FY25.

Vodafone Idea has reduced its losses to Rs 7,176 crore in the July-September quarter of the current financial year from Rs 8,738 crore in the same quarter last year. Revenue from operations in the reporting period rose marginally by 2 per cent year-on-year (YoY) to Rs 10,