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's shares dropped 8.2% despite a narrower net loss of Rs 6,609 crore for Q3FY25, compared to the previous year. Revenue grew 4% year-on-year to Rs 11,117 crore. The company's ARPU and subscriber base increased,

Vodafone Idea's average revenue per user (ARPU) meanwhile rose 4.7 percent quarter-on-quarter to Rs 173 in Q3. This was driven by tariff hikes and customers upgrading to higher plans.

MOFSL said VIL's reported losses stood at Rs 6,609 crore against its estimate of Rs 7,100 crore, largely driven by lower net finance costs and certain one-offs pertaining to vendor dues.

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,

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.