Vodafone Idea reported net loss of Rs.7,230 crore for Dec-21 quarter, widening sharply from loss of Rs.4,532 crore in Dec-20 quarter. Revenues were 11% lower at Rs.9,717 crore while ARPUs rallied from Rs.109 to Rs.115. However, they are still not viable levels. Gross total debt at Rs.198,980 crore remains a major overhang for Vodafone Idea.
Vodafone Idea reported net loss of Rs.7,230 crore for Dec-21 quarter, widening sharply from loss of Rs.4,532 crore in Dec-20 quarter. Revenues were 11% lower at Rs.9,717 crore while ARPUs rallied from Rs.109 to Rs.115. However, they are still not viable levels. Gross total debt at Rs.198,980 crore remains a major overhang for Vodafone Idea.