India's Vodafone Idea posts smaller-than-expected loss as premium plan upgrades rise

Vodafone Idea

10/11/2025 13:00

Nov 10 (Reuters) - India's Vodafone Idea VODA.NS posted a smaller-than-expected second-quarter loss on Monday, aided by more users upgrading to its higher-margin 4G and 5G plans.

The debt-saddled telecom operator's consolidated loss after tax narrowed to 55.24 billion rupees ($628.5 million) in the quarter ended September 30, from a loss of 71.76 billion rupees last year.

Analysts, on average, had expected a loss of 66.22 billion rupees, according to data compiled by LSEG.

($1 = 87.8950 Indian rupees)

 (Reporting by Aleef Jahan and Anuran Sadhu in Bengaluru)

 ((aleefjahan.cs@thomsonreuters.com))