Vodafone Idea (Vi) disclosed a widened net loss of Rs 7,674 crore for the quarter spanning January to March of the fiscal year 2023-24, surpassing the previous year's loss of Rs 6,418.9 crore during the corresponding period.
While there was a slight uptick in revenue from operations, reaching Rs 10,606 crore compared to Rs 10,531 crore in the same quarter of the preceding financial year, the noteworthy increase was observed in the average revenue per user (ARPU), climbing from Rs 135 to Rs 146.
On the brighter side, the telecom operator also declared its highest quarterly post-merger EBITDA of Rs 2,180 crore, up 5.4 percent from the corresponding quarter of last year.
Vodafone Idea scrips settled at Rs 13.15 each at the BSE at the end of Thursday's trading session.
Read also | Hero MotoCorp Hits Milestone: Surpasses Rs 1 Lakh Cr Market Valuation
