Vodafone Idea on Wednesday reported a loss of Rs 5,004.60 crore for the quarter ended December 31. The telecom firm had posted a loss of Rs 4,973.80 crore in the sequential quarter ended September 30. Cash and cash equivalents were Rs 8,900 crore, resulting in net debt of Rs 1,14,760 crore against Rs 1,12,510 crore in Q2FY19.Ebitda increased 146.38 per cent on a sequential basis to Rs 1,136.80 crore in Q3FY19 over Rs 461.40 crore in Q2FY19. Ebitda margin jumped to 9.70 per cent from 6 per cent during the same period.Commenting on the earnings numbers, Vodafone Idea in a release said: “Our headline tariffs remained stable during the quarter. However customers continued to migrate to lower Arpu plans.

Source: Economic Times February 06, 2019 11:50 UTC