Telecom firm Vodafone Idea on Wednesday reported its net loss marginally narrowed to Rs 7,297 crore for the quarter ended June 30, 2022. It reported net loss of Rs 7,319 crore in the year-ago period.
The company's revenue from operations rose 14% to Rs 10,410 crore as against Rs 9,152 crore in Q1FY22.
Average revenue per user (ARPU) for the quarter stood at Rs 128 versus Rs 104 in Q1FY22, up 23.4% aided by tariff hikes.
Ravinder Takkar, MD & CEO, Vodafone Idea Limited, said “We are pleased to announce fourth consecutive quarter
of revenue growth. We continue to witness 4G subscriber