Vodafone Idea Q2 Results: Loss widens to Rs 7,596 crore QoQ; ARPU improves to Rs 131

Vodafone Idea NSE -1.75 % Ltd’s consolidated net loss for the quarter ended September unexpectedly widened to Rs 7,596 crore from Rs 7,297 crore a quarter ago.

The revenue rose about 2% sequentially to Rs 10,615 crore, and was higher than the estimated Rs 10,591 crore. Operating profit in the quarter declined more than 5% sequentially to Rs 4,098 crore, as expenses went through the roof. Expenses for the saddled operator rose at a faster pace than sales at nearly 3% quarter-on-quarter (QoQ).