Vodafone Idea Narrows Consolidated Loss in Fiscal Q3; Shares Down 7%

MT Newswires Live

2025/02/12

Vodafone Idea (NSE:IDEA, BOM:532822) narrowed its consolidated net loss to 66.1 billion Indian rupees in the fiscal third quarter ended Dec. 31, 2024, against a loss of 69.9 billion rupees a year ago.

Loss per share contracted to 0.95 rupees compared with the loss per share of 1.44 rupees a year earlier, according to a Tuesday filing to the Indian stock exchanges by the telecom services provider.

Revenue from operations in fiscal Q3 increased to 111.2 billion rupees from the year-ago figure of 106.7 billion rupees.

Shares of the company were down nearly 7% in recent trade.

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