Vodafone Idea Q4 preview: Losses may narrow; commentary on fundraising eyed

Vodafone Idea is set to announce its March quarter results (Q4FY21) on Wednesday, amid expectations of narrowing of losses even though subscriber losses and zero IUC regime may dent the top-line. Besides, the telecom operator's average revenue per user (ARPU) is also seen declining around 10 per cent year-on-year (YoY).

The management's commentary on fundraising, tariff hikes, and adjusted gross revenue (AGR) case will be keenly watched, apart from the headline numbers. "VI has not been able to raise money till now despite continually engaging with investors. This fund-raising is crucial for VI considering there has not been any tariff hike