India's Vodafone Idea reported a bigger-than-expected second-quarter loss on Wednesday, weighed down by a shrinking user base.

Vodafone Idea reported a smaller net loss of Rs 7,176 crore in Q2 FY25, helped by revenue growth and tariff hikes. Despite this, the telco's subscriber base shrunk due to the price increases. Vodafone Idea's future hinges on securing debt funding,

Revenue increased by 2.01% YoY & loss decreased by 17.88% YoY, loss at ₹7175.9 crore and revenue at ₹10932.2 crore.

Vodafone Idea shares climbed 3.39 per cent to hit a high of Rs 7.62 on BSE. MOFSL maintained a 'Neutral' stance on the stock.

Vodafone Idea has reduced its losses to Rs 7,176 crore in the July-September quarter of the current financial year from Rs 8,738 crore in the same quarter last year.

Cash EBITDA excluding the impact of Ind AS 116 increased to ₹2,320 Crore, the highest since the merger, up 10% quarter on quarter.

Vodafone Idea‘s share price was wobbly on Thursday morning as the company’s September quarter results failed to lift investor sentiments. What Happened: The telecom major posted a net loss of ₹7,175 crore for the September quarter,

Private sector telecom operator Vodafone Idea reported a consolidated net loss of Rs 7,176 crore for the July-September period on Wednesday. Read on to learn more about the telecom firm's earnings report.