Telecom large Vodafone Concept, on Tuesday, reported a discount in its consolidated internet loss for the December quarter to ₹6,609 crore, in comparison with ₹6,986 crore in the identical interval final 12 months.
Income from operations for Q3 FY25 reached ₹11,117 crore, marking a 4 per cent enhance from ₹10,673 crore recorded within the corresponding quarter of the earlier monetary 12 months.
The losses diminished sequentially, with the telecom firm beforehand reporting a consolidated lack of ₹7,176 crore within the July-September quarter.
In the meantime, the corporate’s income noticed a 1.7 per cent sequential enhance in comparison with ₹10,932 crore reported in Q2FY25.
The expansion in income was pushed by an increase in buyer ARPU (excluding M2M), which reached ₹173 for the quarter, up from ₹166 in Q2FY25, reflecting a 4.7 per cent quarter-on-quarter enhance.
Monetary highlights
Money EBITDA for the quarter (earlier than Ind AS 116) reached ₹2,450 crore, reflecting a 5.4% sequential development. This marks the very best quarterly money EBITDA in six years for the reason that merger.
The full subscriber base was 199.8 million, with 126 million 4G subscribers. As of December 31, 2024, financial institution debt amounted to ₹2,330 crore.
“We’re driving investments and the rate of capex deployment is ready to speed up within the coming quarters. Concurrently, the phased rollout of 5G providers is underway, focusing on key geographies. We’re happy to report highest quarterly money EBITDA since merger of ₹2,450 crore, registering a YoY development of 15%. With our intensifying investments, we anticipate additional enchancment in each operational and monetary efficiency,” Akshaya Moondra, CEO, Vodafone Concept Restricted, mentioned in an announcement.
Vi is actively in discussions with lenders to safe debt financing for its deliberate community enlargement funding of ₹50,000–55,000 crore over the following three years.
“The federal government’s resolution on the financial institution assure waiver underscores its ongoing assist for the telecom sector—a crucial pillar of Digital India’s future,” he added.
