Vodafone Idea Q2 Results: Company’s loss reduces in second quarter, revenue up by 1.8 percent

Vodafone Idea Q2 Results: Debt-ridden telecom company Vodafone Idea announced its second quarter results on Wednesday. The company said that its consolidated loss narrowed to Rs 7,175.9 crore in the July-September quarter.

Vodafone Idea said in a regulatory filing that it had suffered a loss of Rs 8,746.6 crore in the second quarter of the previous financial year 2023-24.

Apart from this, Vodafone Idea (VIL)’s services revenue grew by 1.8 percent to Rs 10,918.1 crore during the September quarter of FY25. This was Rs 10,714.6 crore in the same period a year ago.

At the same time, the company’s revenue from operations increased to Rs 10,932.2 crore in the July-September quarter. It was Rs 10,716.3 crore in the same quarter of the previous financial year.

Check Also

Swiggy enters Rs 1 lakh crore market cap club with listing

Food delivery company Swiggy on Wednesday entered the elite club of companies with a market …