November 05, 2024 17:10 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Union Minister HD Kumaraswamy booked for threatening cop probing into mining case | Supreme Court upholds validity of Uttar Pradesh Madrasa Education Act | Not all private properties are community resources that govt can take over: Supreme Court | Pakistan's Lahore has become world's most polluted city with an AQI of 1900 on Sunday | Indian Army 'successfully completes' patrolling to a key point in Ladakh's Depsang region
Vodafone idea Q2 consolidated net loss reduces to Rs 7,123 cr; ARPU at Rs 109
Vodafone Idea Q2FY22

Vodafone idea Q2 consolidated net loss reduces to Rs 7,123 cr; ARPU at Rs 109

| @indiablooms | 13 Nov 2021, 02:10 am

Mumbai/IBNS: Vodafone Idea on November 12 posted a consolidated net loss of Rs 7,132.3 crore for the quarter ended September 2021.

The loss in the quarter under review narrowed compared to the loss of Rs 7,319.1 crore recorded in June 2021 quarter.

The telecon said its consolidated revenue grew 2.8 percent at Rs 9,406.4 crore against Rs 9,152.3 crore, sequentially.

EBITDA increased 4.2 percent to Rs 3,863 crore against Rs 3,708 crore and margin was at 41.1 percent versus 40.5, quarter-on-quarter.

The Average Revenue Per User (ARPU) improved to Rs 109 compare to Rs 104, in the last quarter.

"During the last quarter, we witnessed a recovery in our operating momentum as the economy has started to gradually open up aided by the ongoing rapid vaccination drive," said Ravinder Takkar, MD & CEO, Vodafone Idea.

"We continue to improve our 4G subscriber base on the back of superior data and voice experience on Vi GIGAnet, India’s fastest mobile network, which is testified through consistent top rankings in Ookla and TRAI," he added.

 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.