Vodafone Idea (Vi) has narrowed its web loss to Rs 4,540.8 crore for the October-December 2020 quarter, primarily because of one-time achieve of Rs 1,697 crore, which incorporates good points made on sale of stake in Indus Towers. The firm had reported a web lack of Rs 7,203.4 crore within the previous July-September interval.
The firm’s income stood at Rs 10,894.1 crore for the interval, nearly a per cent greater than Rs 10,791.2 crore within the previous quarter. The Ebitda elevated by 3.22 per cent to Rs 4,286.2 crore towards Rs 4,152.4 crore within the previous quarter. The Ebitda margin additionally improved to 39.3 per cent within the October-December quarter as in comparison with 38.5 per cent within the previous quarter.
The firm mentioned launching of unified model Vi has began to yield outcomes and varied subscriber KPIs (key efficiency indicators) have proven enchancment. The subscriber churn has come right down to 2.3 per cent as in comparison with 2.6 per cent within the previous quarter. The whole subscribers of the corporate stood at 269.8 million in Q3 towards 271.8 million in Q2, a decline of two million. The firm had misplaced 8.1 million subscribers in Q2. The common income per consumer (Arpu) improved to Rs 121 for the reported interval as in comparison with Rs 119 within the previous quarter. The Arpu although stays a lot decrease than Bharti Airtel and Reliance Jio. Other working metrics like knowledge utilization was additionally decrease than competitors. Vodafone Idea’s common knowledge consumption per consumer monthly stood at 12.2 GB, decrease than 12.9 GB of Jio and 16.7 GB of Airtel.
At the tip of the quarter, the 4G subscriber base stood at 109.7 million (vs 106.1 million in Q2), an increase of three.6 million within the interval. FE
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