Vodafone Idea reported Q2 revenue of ₹111.95 billion and an average ARPU of ₹180, beating revenue estimates, while posting a narrowed consolidated loss of ₹5,524 billion, signaling progress amid sector challenges.
Vodafone Idea Limited (Vi) reported consolidated operational revenue of ₹111.95 billion for the second quarter, slightly surpassing the IBES estimate of ₹111 billion, signaling stable top-line performance amid a challenging telecom market. The company's average revenue per user (ARPU) stood at ₹180, reflecting moderate revenue traction per customer.
Key highlights:
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Q2 consolidated revenue from operations slightly exceeded analyst estimates, indicating steady business activity.
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Consolidated loss after tax narrowed to ₹5,524 billion, bettering the IBES consensus loss estimate of ₹6,622 billion.
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The ARPU of ₹180 suggests improved monetization from the subscriber base.
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Despite continued losses, the reduced deficit highlights Vodafone Idea's operational efficiencies and cost-containment efforts.
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The financials underscore the competitive pressure in the telecom sector but showcase Vi’s gradual progress toward profitability.
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Market watchers note the importance of further subscriber growth and ARPU enhancement for sustained recovery.
Vodafone Idea’s Q2 results reflect a mixed bag of modest revenue gains tempered by ongoing losses, with signs of operational stabilization pointing to hopeful prospects for India’s telecom major going forward.
Sources: Reuters, Vodafone Idea official disclosures, IBES Estimates, Market reports.