Vodafone Idea Ltd (VIL), India’s third-largest telecom company, reported financial results for the second quarter of the financial year 2025 (Q2 FY25) on November 13, 2024.
The company posted a combined net loss of ₹7,175.9 crore, down from ₹8,737.9 crore in the same period last year. However, this loss increased from the ₹6,432.1 crore reported in the previous quarter.
Financial Performance Highlights:
Revenue: Vodafone India Limited‘s revenue from operations increased by 2.02% year-on-year to ₹10,932.2 crore, up from ₹10,716.3 crore in Q2 FY24.
EBITDA: The company reported an EBITDA of ₹4,550 crore for the quarter. Excluding the impact of Ind AS 116, cash EBITDA improved to ₹2,320 crore, marking the highest level since the merger.
Average Revenue Per User (ARPU): ARPU stood at ₹166, reflecting the company’s efforts to enhance revenue per customer.
Subscriber Metrics
Total Subscribers: The total subscriber base declined to 205 million, a 2.4% sequential decrease and a 6.7% drop year-on-year. This decline is attributed to customers migrating to alternatives like state-owned BSNL following tariff hikes.
4G Subscribers: The 4G subscriber base reached 125.9 million, indicating ongoing efforts to transition users to higher-speed services.
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