Vodafone Concept Q2 FY25 Outcomes: Vodafone Concept, a non-public sector telecom service supplier, on Wednesday reported a consolidated internet lack of Rs 7,175.9 crore for the quarter ended September 30, worse than analysts’ expectations and better than a internet lack of Rs 6,432.1 crore for the earlier three months. The telecom firm registered income of Rs 10,932.2 crore for the second quarter of the present monetary 12 months, up 4.0 per cent sequentially, based on a regulatory submitting. Zee Enterprise analysts had estimated Vodafone Concept’s September-quarter internet loss at Rs 6,850 crore and income at Rs 11,100 crore.
Vodafone Concept Q2 Earnings: Operational efficiency
Vodafone Concept logged quarterly earnings earlier than curiosity, taxes, depreciation and amortisation (EBITDA) of Rs 4,549.8 crore for the fiscal second quarter, larger than Rs 4,204.7 crore for the earlier three months.
Its EBITDA margin got here in at 41.6 per cent for the quarter ended September 30, as in opposition to 40 per cent for the earlier three months.
Vodafone Concept: 5 different key issues to know
The telecom operator added round 42,000 4G websites to its community in the course of the quarter—its largest ever quarterly addition.
Vodafone Concept stated it enhanced its community considerably by deploying 4G on the sub-GHz 900 band throughout round 20,500 websites. That included website growth on its recently-acquired 900 MHz spectrum in some circles.
The corporate stated it additionally added round 21,200 websites within the 1800 MHz and 2100 MHz bands primarily to extend its community capability.
Vodafone Concept shut down round 19,700 3G websites whereas its total broadband website rely stood at round 4,39,600, as of September 30, based on the corporate.
It stated that attributable to a speedy shutting down of 3G websites throughout circles, its 3G websites had been current solely in eight circles, as of September 30.
Debt place and dues owed to authorities
Vodafone Concept stated its debt from banks and monetary establishments decreased by Rs 4,580 crore to Rs 3,250 crore within the final one 12 months.
Its cost obligations owed to the federal government stood at Rs 2,12,260 crore, as of September 30. That included deferred spectrum cost obligations to the tune of Rs 1,41,940 crore and adjusted gross revenue-related liabilities of Rs 70,320 crore.
Vodafone Concept Shares
Earlier on Wednesday, Vodafone Concept shares ended decrease by 30 paise at Rs 7.37 apiece on BSE.
Catch all of the newest inventory market updates right here. For all different information tales in buzzing classes starting from expertise and vehicles to non-public finance, go to Zeebiz.com.