2023-05-31 01:30:10
Vodafone Idea posted a total loss of Rs 6,419 crore in the March quarter of 2023.
Vodafone Idea, the country’s third largest telecom operator, has recently released its March quarter financial results. Vodafone Idea posted a total loss of Rs 6,419 crore in the March quarter of 2023. This is slightly lower than the same quarter last year. In the March quarter of 2022, Vodafone Idea had a total loss of Rs.6,563 crore.
In the March quarter of 2023, Vodafone Idea has generated an operating income of Rs 10,532 crore. This is 3 percent higher than the March 2022 quarter. Vodafone Idea’s interest expense fell to Rs 4,908 crore in the March quarter of 2023. Vodafone Idea’s average revenue per user rose from Rs 124 to Rs 135.
Vodafone Idea has a total subscriber base of 22.59 crore as of the end of March quarter 2023. At the close of trading on the Mumbai Stock Exchange yesterday, Vodafone Idea’s share price was down 0.28 percent from the previous trading day at Rs 7.11.
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