Vodafone Idea Q2 FY24 Results: Consolidated Loss of Rs. 8737.9 Cr

Vodafone Idea Q2 FY24 Results: Consolidated Loss of Rs. 8737.9 Cr

Vodafone Idea Q2 FY24 Results Today

Vodafone Idea Q2 results show revenue up from 10,676.8 crores to 10,750.8 crores, a 0.69% increase in growth. EPS down from ₹-1.61 to ₹-1.79, slips by 11.18%.

Quarter-on-Quarter Basis Results (Q2 FY2024):

Vodafone Idea shared its Q2 results on Thursday. They earned 10,750.8 crores in revenue this quarter, but that’s less than the 10,676.8 crores they made last quarter. The company’s growth decreased by 0.69 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was -8737.9 crores, down from -7840.00 crores in the previous quarter. Their quarter-to-quarter growth decreased by 11.45 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹-1.79, which is a decrease of 11.18% from the ₹-1.61 EPS in the previous quarter.

Year-over-Year Basis Results (Q2 FY2024):

The company made a total revenue of 10,750.8 crores this year (2023), which is 0.38 percent higher than last year’s total revenue of 10,710.6 crores.

This year’s PAT (Profit After Tax) is -8737.9 crores, which is also 15.04% lower than last year’s PAT of -7595.5 crores.

The EPS (Earnings Per Share) for this year is ₹-1.79, which is 23.50% less than the EPS of ₹-2.34 earned last year.

Year-over-Year Basis Results (Half Year Ended FY2024):

In the first half of 2023, the company generated a total revenue of 21,427.6 crores, marking a 1.05% increase compared to the previous year’s 21,204.2 crores.

The PAT (Profit After Tax) for this half-year stands at -16,577.9 crores, showing an 11.32% decrease in growth over the previous year’s -14,892.2 crores.

The EPS (Earnings Per Share) for this half-year is ₹-3.41, representing a 26.03% decrease from the previous half-year’s EPS of ₹-4.61.

Vodafone Idea Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About Vodafone Idea:

Vodafone Idea, also known as Vi, is an Indian mobile network operator. It is headquartered in Mumbai and Gandhinagar. Vi provides a comprehensive range of services including 2G, 3G, 4G, LTE Advanced, Voice Over LTE, and VoWiFi across India.

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