Vodafone Idea Q1 FY25 results: Net loss narrows to Rs 6,432 crore

Vodafone Idea (Vi) on Monday reported a net loss of Rs 6,432 crore in the April-June quarter (Q1) of 2024-25 (FY25), down nearly 18 per cent from the Rs 7,840 crore loss seen in the corresponding quarter of 2023-24 (FY24), due to lower interest and financing costs. On a sequential basis, the firm’s net loss shrank 16.1 per cent, down from Rs 7,675 crore in the preceding quarter. The telecommunications company’s (telco’s) interest and finance costs shrank to Rs 5,262 crore in Q1, down 17.6 per cent from Rs 6,376 crore in the same quarter of the previous year. The telco’s revenue from operations fell by 1.38 per cent in the latest quarter, coming in at Rs 10,508 crore, down from Rs 10,655.5 crore in Q1FY24. The average revenue per user (Arpu) for the quarter stood at Rs 146, the same as the fourth quarter (Q4). It had been Rs 145, Rs 142, and Rs 139 in the first three quarters of the previous financial year, respectively. On a year-on-year basis, Arpu was up 4.5 per cent.