VI lost 6.6%, it was ₹ 7,166 crore: Revenue in the fourth quarter was ₹ 11,013 crore, the company got approval to raise ₹ 20,000 crore from the board

VI lost 6.6%, it was ₹ 7,166 crore: Revenue in the fourth quarter was ₹ 11,013 crore, the company got approval to raise ₹ 20,000 crore from the board


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  • Vi Loss Narrows To Rs 7,166 Crore, Gets Approval To Raise Rs 20,000 Crore

New Delhi8 minutes ago

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Telecom company Vodafone Idea Limited has received a net loss of Rs 7,166 crore in the fourth quarter of FY 2024-25. It has decreased by 6.63% on an annual basis. The company lost Rs 7,675 crore in the same quarter of a year ago.

At the same time, the company’s board has also approved to raise Rs 20,000 crore for expansion. The company’s revenue was Rs 11,013 crore due to the operation in the January-March quarter. In the same quarter of a year ago, Vodafone Idea generated a revenue of Rs 10,606 crore. It has increased by 3.83% on an annual basis.

The amount received from selling goods and services is called revenue or revenue. VI has released the January-March quarter and annual results on Friday (May 30).

Vodafone Idea’s ARPU stood at Rs 175

Vodafone Idea’s ‘average revenue per user’ (ARPU) rose 14.2% to Rs 175 during the January-March quarter. It was Rs 153 in the same quarter of the last financial year.

How was the performance of the share so far in this year?

Vodafone Idea’s stock closed at Rs 6.91 at Rs 6.91 on Friday. The company’s stock has fallen 3% in a month and 17% in 6 months. The company’s stock has climbed 55% in a year. The market cap of Vodafone Idea is 74.97 thousand crores.

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