.3 min read through Last Updated: Aug 13 2024|12:04 AM IST.Vodafone Concept (Vi) on Monday reported a bottom line of Rs 6,432 crore in the April-June fourth (Q1) of 2024-25 (FY25), down almost 18 percent from the Rs 7,840 crore loss observed in the matching fourth of 2023-24 (FY24), as a result of lower passion and financing costs. On a sequential manner, the firm's net loss diminished 16.1 per-cent, below Rs 7,675 crore in the anticipating one-fourth.The telecommunications company's (telco's) rate of interest as well as finance expenses diminished to Rs 5,262 crore in Q1, down 17.6 per cent from Rs 6,376 crore in the exact same quarter of the previous year. The telco's revenue coming from procedures fell through 1.38 per cent in the current quarter, can be found in at Rs 10,508 crore, below Rs 10,655.5 crore in Q1FY24.The normal revenue per consumer (Arpu) for the quarter stood up at Rs 146, the like the 4th one-fourth (Q4). It had been actually Rs 145, Rs 142, as well as Rs 139 in the very first three one-fourths of the previous financial year, specifically. On a year-on-year basis, Arpu was actually up 4.5 per-cent.Q4 noted the twelfth successive fourth of 4G client add-ons, the business said. The 4G customer foundation rose to 126.7 thousand, partially up 0.3 per-cent coming from the 126.3 million consumers registered in the preceding fourth. Nonetheless, the business continued to shed customers to larger rivals, Reliance Jio and also Bharti Airtel, ending Q1 with 2.5 thousand fewer subscribers. This is slightly lower than the 2.6 million subscriber reduction signed up in the preceding quarter. However, the cost of turn has actually continued to minimize, dued to the fact that it had actually lost 4.6 million individuals in the 3rd fourth of FY24.Debt reduces.The total repayment responsibilities to the authorities stood up at Rs 2.09 mountain at the end of Q1, including deferred range repayment obligations of Rs 1.39 trillion. The business also possessed a modified disgusting revenue responsibility of Rs 70,320 crore been obligated to pay to the federal government.In a primary reprieve for the telco, the financial obligation from banking companies as well as banks was lowered to Rs 4,650 crore in Q1, below Rs 9,200 crore a year earlier." After the latest capital raise, our team reside in the procedure of extending our 4G protection and also capability as well as launching 5G services. Some capital expenditure (capex) has already been bought as well as is under implementation, based upon which our experts assume a 15 per cent boost in our information capacity and also an increase in 4G population coverage by 16 million by the end of September 2024," Chief Executive Officer Akshaya Moondra pointed out.He said the telco is employed along with lenders for confining financial debt financing towards the execution of our network expansion with a planned capex of Rs 50,000-55,000 crore over the following three years.
First Posted: Aug 12 2024|9:15 PM IST.