Economy

Vodafone Idea Narrows Quarterly Loss to ₹3,754 Crore

Reuters1h
THE BRIEF
1

Vodafone Idea reported a narrowed net loss of ₹3,754 crore for the first quarter of fiscal year 2026, compared to significantly higher losses in the previous year.

2

The company achieved a 6% year-on-year revenue growth, reaching ₹11,689 crore, driven by improved average revenue per user (ARPU) and new customer additions.

3

Management stated that the reduction in losses reflects successful cost-optimization strategies and a focus on expanding 4G coverage across key Indian markets.