Quarterly Results: Vodafone Idea posts Rs 7,023-crore loss in Q4

Ebitda (earnings earlier than curiosity, tax, depreciation and amortisation), nevertheless, elevated 2.8% sequentially to Rs 4,408 crore. Ebitda margins got here in at 45.9%, a pointy improve of 660 foundation factors quarter-on-quarter.

Vodafone Idea on Wednesday as soon as once more posted a giant lack of Rs 7,023 crore through the January-March quarter, wider than the Bloomberg consensus estimate of Rs 6,241.07 crore. The loss has widened considerably in contrast with the earlier quarter of Rs 4,540 crore.

The corporate continued to lag on the operational entrance as nicely. The revenues declined sharply by practically 12% on a quarter-on-quarter foundation to Rs 9,608 crore, a lot beneath analyst expectations of Rs 10,040.50 crore.

Ebitda (earnings earlier than curiosity, tax, depreciation and amortisation), nevertheless, elevated 2.8% sequentially to Rs 4,408 crore. Ebitda margins got here in at 45.9%, a pointy improve of 660 foundation factors quarter-on-quarter.

The corporate’s common income per consumer (Arpu) through the quarter declined to Rs 107 in contrast with Rs 121 within the previous quarter. Minutes of voice utilization additionally declined to 657 minutes towards 673 within the previous quarter.

Common knowledge consumption, nevertheless, rose to 13,068 MB towards 12,288 MB within the earlier quarter. Subscriber churn rose to three% in contrast with 2.3% within the previous quarter.