Stock analysts are mixed on Vodafone Idea Ltd after the telecom operator's less-than-expected December quarter results. Nomura India still sees 37 per cent upside on the counter, while MOFSL downgraded the stock to 'Sell' and sees it falling to Rs 5 level.

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 as against Rs 6,986-crore net loss in the year-ago period. The telco's revenue from operations rose 4% to Rs 11,117 crore in Q3FY25 as against Rs 10,673 crore in Q3FY24.

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.

Vodafone Idea's stock dropped 6.5% to ₹8.21 despite a reduced Q3 net loss of ₹6,609 crore. ARPU rose to ₹173, yet the user base shrank. The company is in talks for debt financing to support a significant network expansion.

Vodafone Idea's losses narrowed in Q3, while revenue and EBITDA improved sequentially. ARPU rose to ₹173, and margins expanded, reflecting operational gains.

On Tuesday, 338 companies, including Vodafone Idea, SAIL, IRCTC, Tata Investment, and Zee Media, will announce their third-quarter results. Vodafone Idea is expected to narrow its losses due to tariff hikes and ARPU increase.

Vodafone Idea is estimated to see its revenue rising in the third quarter of FY25 led by an uptick in ARPU and the residual impact of tariff hike. Analysts also expect Vodafone Idea’s Q3FY25 net loss to shrink on a sequential basis.

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

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.

The losses reduced sequentially, with the telecom company previously reporting a consolidated loss of ₹7,176 crore in the July-September quarter.