Vodafone Idea reported consolidated revenue of ₹11.17 billion for Q3 FY25, slightly below the IBES estimate of ₹11.28 billion. The company posted a net loss of ₹66.09 billion, narrower than the projected loss of ₹69.78 billion. The marginal revenue growth was supported by tariff hikes, but challenges persist with declining subscriber numbers and high debt levels. Analysts are closely monitoring updates on its 5G rollout and financial recovery strategies. Vodafone Idea's stock has seen volatility, reflecting investor concerns about its long-term viability amidst the competitive telecom landscape.
Source: Upstox, Money Control, Financial Express