NEW DELHI: Debt-ridden telecom operator Vodafone Idea on Friday reported widening of its consolidated loss to Rs 7,231 crore for the quarter ended December 2021. The company had posted a loss of Rs 4,532 crore in the year-ago period.
Consolidated revenue from operations declined by 11% to Rs 9,717 crore from Rs 10,894 crore in the corresponding quarter of 2020-21. Its subscriber base declined to 24. 7 crore from nearly 27 crore in the year-ago period because of increase in services rate by the company.
Despite the tariff hike, its average revenue per user (Arpu) declined by about 5% to Rs 115, compared to Rs 121 in the same quarter of FY21.
Consolidated revenue from operations declined by 11% to Rs 9,717 crore from Rs 10,894 crore in the corresponding quarter of 2020-21. Its subscriber base declined to 24. 7 crore from nearly 27 crore in the year-ago period because of increase in services rate by the company.
Despite the tariff hike, its average revenue per user (Arpu) declined by about 5% to Rs 115, compared to Rs 121 in the same quarter of FY21.
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