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

Vodafone Idea’s Q1 loss narrowed sharply to Rs 3,754 crore from Rs 6,608 crore a year ago, while revenue rose 6% YoY to Rs 11,689 crore. EBITDA grew 9% to Rs 5,034 crore, with margin improving to 43.1%, while ARPU jumped 10.2% to Rs 195.

We haven't written up this one. The Economic Times - Top News has the full story — the link below goes straight to it.

Read the original at economictimes.indiatimes.com →

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