Vodafone Idea share price spike. (Photo: Vijay Sartape/NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Vodafone Idea Ltd.'s share price surged over 3% on Tuesday after the company posted its second quarter results.

The company reported a narrower net loss in the second quarter of the current fiscal year. Consolidated net loss came in at Rs 5,524 crore for the July–September period, compared to Rs 6,608 crore in the previous quarter, according to results announced on Monday.

Operating revenue rose 1.6% sequentially to Rs 11,195 crore. The average revenue per user (ARPU), a key performance metric, climbed nearly 9% year-on-year to Rs 180, driven primarily by customer upgrades and tariff hikes.

Vodafone Idea's 4G/5G subscriber base rose to 127.8 million from

See Full Page