Vodafone Idea Q4 Results Vi Posts 7675 Crore Loss In On Q4 FY24 ARPU Increases To 146 Rupees

Vodafone Idea Q4 Results: The losses of Vodafone Idea, the country's third largest mobile services provider company, have increased. The company has announced the results for the fourth quarter of the financial year 2023-24. In the fourth quarter, the company has suffered a loss of Rs 7675 crore, which is more than the loss of Rs 6419 crore in the fourth quarter of last year. Vodafone Idea's revenue in the fourth quarter was Rs 10606 crore which was Rs 10,531 crore in the fourth quarter of the last financial year.

The company said that the income from each user has increased. Vodafone Idea's average revenue per user (ARPU) in the fourth quarter has reached Rs 146, an increase of 7.6 percent from Rs 135 in the fourth quarter of the last financial year. The EBITDA of the company was Rs 4336 crore in the fourth quarter which was Rs 4210 crore in the same quarter of last year. In the fourth quarter, the number of 4G subscribers of the company has increased from 12.26 crore to 12.63 crore. The total number of subscribers of the company is 213 million.

The outstanding loan of banks and financial institutions on Vodafone Idea has decreased by Rs 7090 crore which was Rs 11,130 crore in the fourth quarter of the last financial year. The company had cash and bank balance of Rs 170 crore as of March 31, 2024. As of March 31, 2024, the company owes Rs 203,430 crore to the government, of which Rs 1,33,110 crore is outstanding on account of spectrum payment and Rs 70,320 crore is outstanding on account of AGR.

Information about the shareholding of the company has also been given. As of March 31, 2024, Aditya Birla Group holds 17.5 percent, Vodafone Idea holds 31.4 percent, Government of India holds 32.2 percent and institutional and non-institutional investors hold 18.9 percent. Vodafone Idea's results have come after the market closed, before which the company's stock closed at Rs 13.15 with a decline of 0.38 percent.

read this also

Tax On Stocks: Is the government a sleeping partner of retail investors? Why couldn't the Finance Minister stop laughing after hearing this?

Paul McCartney Becomes the U.K.’s First Billionaire Musician

The price just went up on Paul McCartney’s net worth! The 81-year-old The Beatles legend and his wife, Nancy, appeared ...

Who Is Tamar Braxton’s Fiancé? All About JR Robinson

Tamar Braxton and Jeremy “JR” Robinson aren’t afraid to share their love story with the world. The couple met on ...

Does Kavya Maran still have a boyfriend Rumors of relationship with Rishabh Pant, Abhishek Sharma IPL 2024

kavya maaran love story: Kavya Maran is the daughter of media business tycoon Kalanithi Maran. She often comes to the ...

Colton Underwood expecting baby with husband Jordan C. Brown

Colton Underwood and Jordan C. Brown have a baby on the way! The former “Bachelor” announced the news in a ...

Michael Easton Was Holding Kamar de los Reyes’ Hand When He Died

Michael Easton was by his best friend and One Life to Live costar Kamar de los Reyes' side when he ...

KKR vs SRH Live Score IPL Match Qualifier 1 Kolkata Knight Riders Sunrisers Hyderabad Scorecard Pat Cummins Ahmedabad Weather

Kolkata Knight Riders vs Sunrisers Hyderabad: Today Kolkata Knight Riders and Sunrisers Hyderabad will clash for the final ticket. Both ...

Freddie Highmore Says Farewell to ‘The Good Doctor’ (Exclusive)

The Good Doctor may be ending, but Freddie Highmore hasn't quite wrapped his mind around that reality yet. During PEOPLE's ...

Indian Stock Market Touches 5 Trillion Dollar Market Cap Milestone First Time

BSE Market Capitalization: The Indian stock market has once again succeeded in touching a new milestone. For the first time, ...

IRCTC Launches tour package for Leh Ladakh Tour ex Hyderabad starting from 60200 rupees only

Leh Ladakh Tour: Leh-Ladakh is one of the famous tourist destinations of the country where lakhs of tourists visit every ...

Which 4 players can Chennai Super Kings retain ahead of IPL 2025 mega auction after missing out on IPL 2024 playoffs?

IPL 2025: Chennai Super Kings was performing very well in IPL 2024 from the beginning. CSK remained in the top-4 ...

Leave a Comment