India's Vodafone Idea reported a smaller-than-expected third-quarter loss on Tuesday, as the telecom operator's per-user revenue continued to be boosted from July's tariff hikes.

Vodafone Idea (Vi) reports narrowed losses, increased revenue, and plans for 5G services launch, with improved EBITDA margin.

Telecom firm Vodafone Idea Ltd on February 11 reported its net loss narrowed marginally to Rs 6,609 crore in the quarter ended December 31, 2024. On February 11, Vodafone Idea's shares on BSE closed 3% lower at Rs 8.82 apiece.

Telecom operator Vodafone Idea reported a narrowed loss of Rs 6,609.3 crore for the December quarter. Revenue increased over 4% compared to last year. The company's ARPU climbed to Rs 173. CEO Akshaya Moondra highlighted ongoing investments and plans for 5G rollout,

Results: Telecom major Vodafone Idea on Tuesday narrowed its December quarter consolidated net losses to Rs 6,609 crore versus Rs 6,986 crore reported in the year ago period.

Bayer Cropscience, Campus Activewear, Cello World, Cera Sanitaryware and Dalmia Bharat Sugar and Industries will also announce their results on Tuesday.

Customer ARPU (average revenue per user) -- a key metrics for all telcos -- for the third quarter of the current fiscal year stood at Rs 173, up from Rs 166 in the July-September period.

Vodafone Ideas Q3 loss narrows to Rs 6,609.3 crore, with ARPU rising to Rs 173. The company anticipates further improvements with ongoing investments.

Vodafone Idea reported a narrowed loss of Rs 6,609.3 crore for the December quarter, with revenue exceeding Rs 11,000 crore and ARPU rising to Rs 173. The company is investing heavily in 5G and network expansion.