Vodafone Idea Shares Plummet 5% Despite Narrowing Q3 Losses

Vodafone Idea (Vi) shares tumbled 5% on Wednesday, February 12, 2025, despite reporting a narrowed Q3 FY25 net loss of ₹6,609 crore, down from ₹6,986 crore year-on-year. The telecom giant's revenue rose 4% to ₹11,117 crore, while ARPU improved to ₹173. However, investors remain cautious due to ongoing subscriber losses and lagging 5G rollout. Vi's 4G subscriber base marginally increased to 126 million, but total subscribers declined to 199.8 million. The company plans ₹10,000 crore capex for FY25 to accelerate network expansion and 5G deployment.

 

Sources: Moneycontrol, Economic Times, Fortune India