Voda Idea Q1 loss may narrow; fund raising, ARPU growth plan eyed: Analysts

Debt-laden Vodafone Idea may have narrowed its net loss during April-June quarter of FY22 (Q1FY22), expect analysts, as subscriber churn remained contained, and amid marginal blow to revenue.

The telecom services provider, which is set to report its Q1 earnings on Saturday, August 14, had incurred a massive loss of Rs 25,460 crore in the year-ago period (Q1FY21) and Rs 7,022.8 crore in Q4FY21 (March quarter of FY21).

That said, fundraising plans and commentary on average revenue per user (ARPU) trajectory ahead will remain key monitorables for experts and investors alike.

“We continue to highlight that a fund-raising announcement and government support are crucial for the survival prospects of the company, especially considering cash and cash equivalents of just Rs 350 crore at FY21-end,” highlighted analysts at Emkay Global in a pre-result report.