Vodafone Idea's Loss Narrows Amid Revenue Growth
Vodafone Idea reported a reduced consolidated loss of Rs 7,175.9 crore for the September quarter, down from Rs 8,746.6 crore last year. The telecom company's revenue from services grew by 1.8% to Rs 10,918.1 crore, with total revenue increasing to Rs 10,932.2 crore for the quarter.
- Country:
- India
Debt-ridden telecom giant Vodafone Idea reported improved financial results for the September quarter, narrowing its consolidated loss to Rs 7,175.9 crore.
This marks a significant reduction from last year's loss of Rs 8,746.6 crore. The company's revenue from services rose by 1.8%, totaling Rs 10,918.1 crore.
Overall, Vodafone Idea's revenue reached Rs 10,932.2 crore in the second quarter, showcasing resilience amidst ongoing financial challenges.
(With inputs from agencies.)
Advertisement
ALSO READ
Terror Strikes Kishtwar: Village Defence Guards Executed
Outrage in Kishtwar: Public Demands Justice for Fallen Village Defence Guards
Outrage in Jammu: Protests Erupt Following Village Defence Guards' Killings
Tragedy in Kishtwar: Terrorists Kill Two Village Defense Guards
SBI September quarter consolidated net profit jumps 23 per cent to Rs 19,782 crore: Co filing.