Vodafone Idea Q3 results: Net loss at ₹4,532 crore, slight jump in revenue
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Revenue grew 1% quarter-on-quarter to ₹10,894 crore on the back of improved subscribers and higher 4G additions during Q3FY21
During December quarter, the average revenue per user (ARPU) rose to ₹121 from ₹109 in the September quarter
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Vodafone Idea on Saturday reported a consolidated net loss of ₹4,532.4 crore for the quarter ended on 31 December. The telecom giant posted net loss of ₹7,218.5 crore in the previous quarter. The quarterly losses narrowed on the back of a one-time gain of ₹2,118.9 crore, on account of the sale of its 11.5% stake Indus Towers to the merged Bharti Infratel-Indus Towers entity.