Vodafone Idea's Loss Narrows Amid Revenue Growth

Vodafone Idea reported a reduced consolidated loss of Rs 7,175.9 crore for the September quarter, down from Rs 8,746.6 crore last year. The telecom company's revenue from services grew by 1.8% to Rs 10,918.1 crore, with total revenue increasing to Rs 10,932.2 crore for the quarter.

Debt-ridden telecom giant Vodafone Idea reported improved financial results for the September quarter, narrowing its consolidated loss to Rs 7,175.9 crore.

This marks a significant reduction from last year's loss of Rs 8,746.6 crore. The company's revenue from services rose by 1.8%, totaling Rs 10,918.1 crore.

Overall, Vodafone Idea's revenue reached Rs 10,932.2 crore in the second quarter, showcasing resilience amidst ongoing financial challenges.