Vodafone Idea (Vi) reported widening of its consolidated loss to Rs 7,230.9 crore for the third quarter ended December 2021.
Debt-ridden telecom operator Vodafone Idea on Friday reported widening of its consolidated loss to Rs.7,230.9 crore for the third quarter ended December 2021. The company had posted a loss Rs.4,532.1 crore in the same period a year ago. Consolidated revenue from operations declined by 10.8 per cent to Rs.9,717.3 crore from Rs.10,894.1 crore in the year-ago period. « We are pleased to announce second consecutive quarter of revenue growth driven by several tariff interventions taken in the last few months. While the overall subscriber base has declined as a result of the tariff interventions, the 4G subscriber base remained resilient on the back of superior data and voice experience offered by Vi GIGAnet, » VIL MD and CEO Ravinder Takkar said in a statement.
