.3 minutes reviewed Final Updated: Aug 13 2024|12:04 AM IST.Vodafone Idea (Vi) on Monday stated a net loss of Rs 6,432 crore in the April-June one-fourth (Q1) of 2024-25 (FY25), down nearly 18 per cent coming from the Rs 7,840 crore reduction observed in the matching quarter of 2023-24 (FY24), due to reduced passion and funding prices. On a sequential basis, the firm's net loss diminished 16.1 per-cent, below Rs 7,675 crore in the coming before fourth.The telecommunications firm's (telco's) enthusiasm and financial expenses reduced to Rs 5,262 crore in Q1, down 17.6 percent from Rs 6,376 crore in the very same fourth of the previous year. The telco's revenue coming from operations became through 1.38 per cent in the most recent quarter, coming in at Rs 10,508 crore, down from Rs 10,655.5 crore in Q1FY24.The typical profits per consumer (Arpu) for the fourth stood at Rs 146, the same as the fourth quarter (Q4). It had been Rs 145, Rs 142, and Rs 139 in the initial three one-fourths of the previous financial year, respectively. On a year-on-year manner, Arpu was up 4.5 per-cent.Q4 noted the twelfth succeeding quarter of 4G client enhancements, the business pointed out. The 4G user base cheered 126.7 million, marginally up 0.3 per-cent coming from the 126.3 thousand consumers registered in the preceding one-fourth. Nevertheless, the company remained to lose customers to much larger opponents, Dependence Jio as well as Bharti Airtel, finishing Q1 with 2.5 thousand less customers. This is somewhat less than the 2.6 million client loss signed up in the anticipating quarter. However, the rate of turn has actually remained to minimize, considered that it had actually dropped 4.6 thousand individuals in the 3rd fourth of FY24.Financial debt lessens.The overall repayment obligations to the federal government stood at Rs 2.09 mountain by the end of Q1, featuring deferred range settlement responsibilities of Rs 1.39 mountain. The firm likewise had a fine-tuned gross revenue responsibility of Rs 70,320 crore been obligated to repay to the authorities.In a major respite for the telco, the financial debt from financial institutions and also financial institutions was actually lowered to Rs 4,650 crore in Q1, down from Rs 9,200 crore a year ago." After the latest capital raise, we remain in the method of broadening our 4G coverage and capacity and also releasing 5G services. Some capital expenditure (capex) has actually presently been purchased and is under implementation, based upon which our company expect a 15 per cent boost in our data capability as well as a rise in 4G populace protection through 16 million due to the end of September 2024," President Akshaya Moondra said.He said the telco is employed along with lending institutions for confining financial obligation backing in the direction of the execution of our network development along with a planned capex of Rs 50,000-55,000 crore over the next three years.
1st Released: Aug 12 2024|9:15 PM IST.