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The Economic Times
The Economic Times
Business
Veer Sharma

Vodafone Idea shares jump 3% after Q1 net loss narrows. What is Nomura saying?

Shares of Vodafone Idea gained 3% to Rs 13.27 on the BSE on Tuesday after the debt-laden telecom operator reported a sharp reduction in its consolidated loss for the first quarter. The company's loss narrowed to Rs 3,754 crore in Q1, compared with Rs 6,608 crore in the year-ago quarter. Revenue from operations rose 6% year-on-year (YoY) to Rs 11,689 crore.

EBITDA increased 9% YoY to Rs 5,034 crore from Rs 4,612 crore. The EBITDA margin improved to 43.1% from 41.8% in Q1FY26 and remained unchanged from 43.1% in Q4FY26. Average revenue per user (ARPU) climbed 10.2% to Rs 195 from Rs 177 in the year-ago quarter. Vodafone Idea said this was the highest ARPU growth in the industry.

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