India's Vodafone Idea posts smaller-than-expected loss as price hikes help

Vodafone Idea

14/08/2025 13:56

Aug 14 (Reuters) - India's Vodafone Idea VODA.NS reported a smaller-than-expected first-quarter loss on Thursday, as lingering benefits of the previous year's price hikes outweighed the drag from a shrinking subscriber base.

The debt-saddled telecom operator's consolidated loss after tax widened to 66.08 billion rupees ($754.49 million) in the quarter ended June 30, from a loss of 64.32 billion rupees a year earlier.

Analysts on average were expecting a loss of 70 billion rupees, according to data compiled by LSEG.

($1 = 87.5820 Indian rupees)

 (Reporting by Aleef Jahan in Bengaluru; Editing by Devika Syamnath)

 ((aleefjahan.cs@thomsonreuters.com))