Vodafone Idea Q4 Results: Cons loss narrows YoY to Rs 6,419 cr, revenue up 3%

Vodafone Idea Ltd managed to trim down its losses in the quarter ended March, despite muted growth in revenue.

In its fourth quarter results declared on Thursday, the telecom operator reported that its consolidated net loss has narrowed to Rs 6,419 crore from Rs 6,563 crore a year ago and Rs 7,988 crore a quarter ago. Revenue from operations rose nearly 3% year-on-year (YoY) to Rs 10,532 crore.

For FY23, however, the loss widened to Rs 29,301 crore from Rs 28,245 crore a year ago. Revenue from operations rose nearly 10% to Rs 42,177 crore.