.3 min reviewed Last Updated: Aug thirteen 2024|12:04 AM IST.Vodafone Concept (Vi) on Monday reported a bottom line of Rs 6,432 crore in the April-June quarter (Q1) of 2024-25 (FY25), down virtually 18 percent from the Rs 7,840 crore reduction found in the equivalent quarter of 2023-24 (FY24), because of reduced passion and also lending expenses. On a consecutive manner, the agency's net loss shrank 16.1 per cent, down from Rs 7,675 crore in the preceding one-fourth.The telecommunications company's (telco's) enthusiasm and money costs reduced to Rs 5,262 crore in Q1, down 17.6 per cent coming from Rs 6,376 crore in the same fourth of the previous year. The telco's revenue coming from functions fell by 1.38 per-cent in the current quarter, can be found in at Rs 10,508 crore, down from Rs 10,655.5 crore in Q1FY24.The normal revenue per user (Arpu) for the quarter stood at Rs 146, the same as the fourth one-fourth (Q4). It had actually been actually Rs 145, Rs 142, as well as Rs 139 in the initial 3 one-fourths of the previous financial year, respectively. On a year-on-year manner, Arpu was actually up 4.5 percent.Q4 marked the twelfth succeeding fourth of 4G subscriber additions, the firm claimed. The 4G subscriber bottom rose to 126.7 million, partially up 0.3 per cent from the 126.3 million consumers shown in the anticipating quarter. Nevertheless, the business remained to shed customers to much larger rivals, Dependence Jio and also Bharti Airtel, ending Q1 along with 2.5 million less subscribers. This is a little less than the 2.6 million user reduction registered in the anticipating one-fourth. However, the fee of churn has actually continued to lessen, given that it had actually dropped 4.6 million individuals in the 3rd one-fourth of FY24.Personal debt reduces.The total remittance commitments to the federal government stood at Rs 2.09 mountain at the end of Q1, featuring deferred range payment obligations of Rs 1.39 trillion. The company likewise had an adjusted disgusting profits obligation of Rs 70,320 crore been obligated to repay to the federal government.In a primary reprieve for the telco, the personal debt coming from financial institutions and banks was actually lessened to Rs 4,650 crore in Q1, below Rs 9,200 crore a year earlier." After the current capital salary increase, our experts remain in the procedure of expanding our 4G insurance coverage and also capability in addition to launching 5G companies. Some capital expenditure (capex) has actually already been gotten and is under execution, based on which we expect a 15 per-cent boost in our data ability as well as an increase in 4G populace coverage through 16 thousand by the end of September 2024," Ceo Akshaya Moondra claimed.He stated the telco is engaged with lending institutions for binding financial debt funding towards the completion of our network growth along with a planned capex of Rs 50,000-55,000 crore over the following 3 years.
Initial Posted: Aug 12 2024|9:15 PM IST.