Vodafone Idea Q3 Results: Cons loss narrows to Rs 6,986 crore; ARPU up 7.4% YoY to Rs 145
economictimes.indiatimes.comVodafone Idea Ltd on Monday reported that it has managed to trim its consolidated net loss to Rs 6,986 crore in the quarter ended December, from Rs 7,990 crore a year ago, and Rs 8,738 crore a quarter ago.
Consolidated revenue from operations rose a marginal 0.6% year-on-year (YoY) to Rs 10,673 crore, but it declined 0.4% sequentially.
The growth in revenue was supported by improving subscriber mix, 4G subscriber additions and change in entry level plan, the telecom operator said.
Vodafone Idea’s 4G subscriber base increased to 125.6 million from 121.6 million a year ago.
EBITDA (pre-Ind AS 116) for the quarter grew by 6.8% YoY to Rs 2,140 crore, and was the highest EBITDA in the last 11 quarters, it said.
ARPU or average revenue per user grew a sharp, which aided the operational performance.
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