Vodafone Idea shares in focus after Q3 loss narrows to Rs 6,609 crore
Vodafone Idea will remain in focus on Wednesday, February 12, after reporting a net loss of Rs 6,609 crore for Q3FY25, compared to a loss of Rs 6,986 crore in the same period last year.
The losses narrowed both sequentially and year-on-year, as the company had reported a consolidated loss of Rs 7,176 crore in the July-September quarter.
Q3FY25 revenue from operations showed growth, reaching Rs 11,117 crore, up 4% from Rs 10,673 crore reported in the corresponding quarter of the previous financial year.
Also read: MSCI February Rejig: Hyundai India joins Global Standard Index; IndusInd Bank, PB Fintech and others see weight increase
Meanwhile, the top line was 1.7% higher on a quarter-on-quarter basis versus Rs 10,932 reported in Q2FY25.
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