Vodafone Idea Q4: Loss narrows to Rs 6,563 crore, average revenue per customer improves

Vodafone’s losses come down

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On a quarter-on-quarter basis, the average daily revenue growth grew by 7.7 percent. At the same time, EBITDA has reached the level of Rs 2120 crore with improvement. Which was at Rs 1,620 crore in the previous quarter

Vodafone Idea ,Vodafone Idea) of the fourth quarter (quarterly results) results have been released today. The company has reported a loss of Rs 6,563.1 crore during the quarter. Which is 6.5 percent less than Rs 7022 crore recorded in the same quarter last year. With this, there has been an increase of more than 6 percent in the business income of the company. Average Revenue Per Customer during the quarter (ARPU) showed improvement. At the same time, the average growth in income per day has also improved. The company’s EBITDA has also improved during the quarter. At the same time, the average daily revenue growth has seen the fastest quarterly growth since the merger of Vodafone and Idea.

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How were the figures for the March quarter

According to the data released by the company, the company’s income from business has been Rs 10,271.8 crore. Which is 6.46 percent more than the income of 9647.8 in the same quarter last year. The company has informed that the improvement in earnings has been seen due to the increase in rates from 25 November 2021. At the same time, the company’s average earnings per customer i.e. ARPU has been at the level of 124, which was at the level of 115 in the December quarter, that is, there has been an increase of 7.5 percent in income. Average daily revenue growth has grown by 7.7 per cent on a quarter-on-quarter basis, which is the fastest quarterly growth since the merger of Vodafone and Idea. EBITDA has improved to the level of Rs 2120 crore. Which was at Rs 1,620 crore in the previous quarter.