Vodafone Idea’s Q1 loss narrows, but subscriber attrition keeps the turnaround test unfinished

Revenue and ARPU improved while the loss fell sharply year on year; the remaining question is whether network investment can stabilise the customer base.

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Vodafone Idea reported a first-quarter net loss of ₹3,754 crore, narrower than ₹6,611 crore a year earlier. Revenue from operations rose 6% year on year to ₹11,689 crore, while customer average revenue per user increased 10.2% to ₹195.

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