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Time of India
an hour ago
- Time of India
Vodafone Idea shares in focus as Q1 loss widens to Rs 6,608 crore
Vodafone Idea shares will be in focus on Monday, August 18, after the telecom operator reported a wider loss for the June quarter. The company posted a net loss of Rs 6,608 crore in Q1FY25, compared to Rs 6,432 crore in the same quarter last year. Revenue from operations, however, rose 5% year-on-year (YoY) to Rs 11,023 crore from Rs 10,508 crore in the corresponding period of the previous financial year. The company's average revenue per user (ARPU) for the quarter stood at Rs 177, up from Rs 154 in Q1FY24, reflecting a year-on-year growth of 15%. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) came in at Rs 4,612 crore, compared with Rs 4,205 crore in the year-ago period, marking a 10% increase. The EBITDA margin improved to 41.8%, 180 basis points higher than the 40% reported in the same quarter last year. Sequentially, losses narrowed from Rs 7,166 crore in Q4FY25, while revenue remained flat on a quarter-on-quarter basis. Vodafone Idea continued to expand its network services during the quarter, launching 5G in 22 cities across 13 circles, while also progressing with 4G expansion. Subscriber losses reduced sharply, with management noting that strategic investments have led to a 90% decline in churn. The 4G and 5G subscriber base rose to 127.4 million, compared with 126.7 million in Q1FY25. Live Events The company reported that 4G population coverage increased to 84%, while 4G data capacity rose 36% and average speeds improved 24% compared with March 2024. Cash EBITDA for the quarter, measured on a pre-Ind AS 116 basis, stood at Rs 2,180 crore, up 3.7% year-on-year. Debt from banks declined further to Rs 19.3 billion as of June 30, 2025. Vodafone Idea also entered into a strategic partnership with AST SpaceMobile to provide direct-to-device satellite broadband connectivity in remote areas without terrestrial networks. Commenting on the performance, CEO Akshaya Moondra described Q1 as a 'decisive turnaround quarter.' He said investments made over the past three quarters to expand 4G coverage have begun to yield results, with subscriber losses at their lowest since the company's merger. Moondra added that 5G services are now operational in 22 cities across 13 circles, and Vodafone Idea remains committed to systematically expanding its 5G footprint in line with rising handset adoption. He further highlighted strong momentum in core business metrics, with data consumption hitting record highs, supported by the success of its SuperHero and Non-Stop SuperHero plans. On Thursday, Vodafone Idea shares closed 3.45% lower at Rs 6.15 on BSE. ( Disclaimer : Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Hindustan Times
13 hours ago
- Hindustan Times
UP Cow Commission, Patanjali join hands to promote cow protection
The Uttar Pradesh Gau Seva Commission has joined hands with Patanjali Yogpeeth to promote cow protection, Panchgavya products, natural farming, and biogas expansion across the state. Two to 10 cow shelters in each of the 75 Uttar Pradesh districts will be developed as large model centres. (For Representation) 'The Gau Seva Commission entered into a partnership with Patanjali Yogpeeth following discussions between Commission chairman Shyam Bihari Gupta and Yoga Guru Baba Ramdev and Patanjali Co-Founder Acharya Balkrishna in Haridwar recently.' a government spokesman said here on Sunday. 'Chief minister Yogi Adityanath firmly believes that the cow is the foundation of the village's progress. To advance this vision, Patanjali Yogpeeth has pledged full technical support to the state's initiatives,' he added. Under this partnership, cow shelters will no longer remain just centres of conservation, but will be transformed into hubs of rural industry, driving the production of Panchgavya products and biogas. Baba Ramdev is also expected to visit Uttar Pradesh soon to meet CM Yogi Adityanath and finalise the roadmap. Two to 10 cow shelters in each of the 75 districts will be developed as large model centres. Open sheds, fencing and security arrangements will be created in cow sanctuaries to ensure the free movement of cows. 'This initiative will also unlock large-scale rural employment, with villagers actively participating in cow urine collection and product sales under a 50% commission model. Patanjali Yogpeeth will further support the program through training, quality control, formulation, certification, and licensing,' the spokesman said. In addition, advanced technologies such as geo-fencing, cow tagging, photo mapping and fodder inventory tracking will be introduced in cow shelters. Natural inputs like neem, cow urine and vermicompost will also be supplied to every village, helping farmers reduce costs, improve soil fertility, and strengthen environmental sustainability.
The Hindu
2 days ago
- The Hindu
Puducherry government secures ₹4,700-crore loan for infra work in UT
The Puducherry government has secured a loan of ₹4,700 crore under the Integrated Infrastructure Development Projects-ADB Loan Assistance (EAP) for the four regions of the Union Territory (UT), Minister for Public Works K. Lakshminarayanan has said. He made the announcement while addressing the public after unfurling the national flag during the Independence Day celebrations in the Yanam region of the UT on Friday (August 15, 2025). The Minister termed securing the loan a big achievement of the government. Of the total ₹4,700 crore, the Minister said ₹210 crore has been allotted for various infrastructure projects in the Yanam region. The projects included the augmentation of the water supply scheme, strengthening of the sewerage network, improvement of urban roads, minor drains, and road connectivity to tourist centres in Yanam, he said. The Minister informed that a multi-disciplinary team from the Central Water Commission had visited Yanam to examine the proposal for the construction of a flood protection wall. The team also examined the feasibility of shore protection work, covering a distance of 1.5 km along the Gowthami Godavari river bank, in Island No 3., he said. 'The Central Water Commission will soon sanction the project proposals submitted by the Yanam PWD in this regard. Similarly, the proposal for the restoration of damaged shore protections from the upstream side of Balayogi Bridge up to the Aratikayalanka border will be sanctioned by the Commission,' the Minister said.
