Vodafone Idea is set to announce its September quarter results of FY21 (Q2FY21) on Thursday amid expectations that the company's losses would narrow on a year-on-year basis, led by rise in average revenue per user (ARPU), and although, subscriber loss is expected to moderate, it would nonetheless keep the revenue growth in check.
According to analysts, Vodafone Idea's fund raising plans and the ARPU trajectory ahead will be the key monitorables.
At the bourses, Vodafone Idea dipped 12.5 per cent in the quarter under review. In comparison, the S&P BSE Sensex gained 9 per cent in the same period, ACE Equity data