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Vodafone Idea Reduces Loss To Rs 7,176 Crore
Vodafone Idea Says Rs 25,000-Crore Fundraising Is Delayed Over AGR Issue
Vodafone Idea CEO Akshaya Moondra says lenders are in "wait and watch" mode over AGR dues payable to the government before deciding on any debt raise.
Vodafone Idea shares jump 2% as Q2 loss narrows to Rs 7,176 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,
Vodafone Idea’s loss narrows to ₹7,176 Crore in Q2
Cash EBITDA excluding the impact of Ind AS 116 increased to ₹2,320 Crore, the highest since the merger, up 10% quarter on quarter.
Vodafone Idea narrows Q2 net loss at Rs 7,176 crore, ARPU at Rs 156
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.
Vodafone Idea Q2 Results: Net loss widens to Rs 7,176 crore, worse than estimates
Private sector telecom operator Vodafone Idea reported a consolidated net loss of Rs 7,176 crore for the July-September period on Wednesday. Read on to learn more about the telecom firm's earnings report.
India's Vodafone Idea posts bigger-than-expected Q2 loss as user base shrinks
India's Vodafone Idea reported a bigger-than-expected second-quarter loss on Wednesday, weighed down by a shrinking user base.
Vodafone Idea loss narrows to Rs 7,176 cr in Q2
Vodafone Idea reported a smaller loss of Rs 7,176 crore in the September quarter, helped by tariff increases that boosted revenue to Rs 10,932 crore. Despite an 8% rise, its ARPU of Rs 166 still trails rivals Jio and Airtel.
Vodafone Idea Reduces Loss To Rs 7,176 Crore In July-Sept Quarter
The company earnings before interest, tax, depreciation and amortisation (EBITDA) for the quarter increased to Rs 4,550 crore in the second quarter.
The Week
1h
Why closing debt funding from banks is crucial for Vodafone Idea
The telecom company's plans to raise debt of around Rs 25,000 crore are yet to be concluded. This is crucial for it to ...
1d
Debt Funding: Vodafone Idea CEO says lenders in wait-and-watch mode, awaiting clarity on AGR issue
The company is optimistic about securing debt funding from its lenders once the government provides clarity on the AGR issue, ...
ndtvprofit
1d
AGR Fiasco: ‘Our Petition Had Significant Merits,’ Claims Vodafone Idea
Vodafone Idea seeks government intervention on AGR issues after Supreme Court dismisses curative petition. The debt-laden ...
cnbctv18
2d
Why the government may support Vodafone Idea
Navin Killa, Head of APAC Telecommunications at UBS Securities, believes there is potential for tariff hikes, though not at ...
devdiscourse
21h
Vodafone Idea Pushes for Tariff Hikes Amid Subscriber Fluctuations
Vodafone Idea's CEO Akshaya Moondra advocates for further tariff hikes, suggesting that subscribers who use more data should ...
The Financial Express
1d
Vodafone Idea loss widens to Rs 7,176 crore in Q2
Vodafone
Idea
net loss has widened sequentially in the September ... The cash and bank balance as on September 30 was Rs ...
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