Vodafone Idea reported a wider consolidated net loss for the September quarter of FY27, even as the telecom operator recorded improvements in subscriber additions, average revenue per user (ARPU) and network expansion.
The company posted a net loss of Rs 5,975 crore in Q2 FY27, compared with a loss of Rs 3,754 crore in the June quarter. Revenue increased 1.7% sequentially to Rs 11,884 crore from Rs 11,689 crore.
EBITDA declined 1.1% quarter-on-quarter to Rs 4,981 crore against Rs 5,034 crore. EBITDA margin contracted to 41.9% from 43.1% in Q1 FY27.
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The company also reported a one-time loss of Rs 462 crore during the quarter, compared with a one-time gain of Rs 1,611 crore in the preceding quarter.
(This is a developing story)
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