Vi Q2 loss narrows to ₹7K cr, user base shrinks
Business Standard|November 14, 2024
Debt-ridden telecom firm Vodafone Idea (Vi) on Wednesday reported a net loss of ₹7,175.9 crore in the September quarter (Q2FY25), weighed down by a shrinking user base.
SUBHAYAN CHAKRABORTY
Vi Q2 loss narrows to ₹7K cr, user base shrinks

The company posted a loss of ₹8,737 crore in the corresponding quarter of FY24. On a sequential basis, however, the firm's net loss was 11.5 per cent higher than the ₹6,432 crore loss reported in Q1. Q2 was the second consecutive quarter where the financially beleaguered telco managed to cut its headline loss figures. This was mostly due to its tax expenses steeply falling to ₹7.8 crore in Q2, down from ₹817.7 crore in Q2FY24.

This story is from the November 14, 2024 edition of Business Standard.

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This story is from the November 14, 2024 edition of Business Standard.

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