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Vodafone Idea Q1 loss narrows to Rs 3,754 crore post dues relaxation

Vodafone Idea Q1 loss narrows to Rs 3,754 crore post dues relaxation
The company posted a 10.2% rise in the customer ARPU.

NEW DELHI: Debt-ridden telecom firm Vodafone Idea on Monday reported a narrowing of loss to Rs 3,754 crore in the first quarter of the current fiscal mainly on account of relaxation given by govt on dues. The company had posted a net loss of Rs 6,611 crore in the same period a year ago. Revenue from operations grew 6% y-o-y to Rs 11,689 crore from Rs 11,023 crore in the same period of FY26. The subscriber base of the company during the June quarter declined by 2% to 19.3 crore from 19.8 crore in the same quarter a year ago. However, the company posted a 10.2% rise in the customer ARPU.

Source: timesofindia.indiatimes.com

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