Vodafone Idea: Vodafone-Idea profits grow 1.2% in Q2 2023 as 4G subscribers increase

2023-08-15 12:44 AM by Alex Smith

Vodafone-Idea, the telecom company, reported a revenue of Rs 106.6 billion in the second quarter of 2023, experiencing a growth rate of 1.2%. As of June 30, the company’s total debt, including interest accrued but not yet due, amounted to Rs 2,117.6 billion. This debt primarily consists of deferred spectrum payment obligations of Rs 1,337.4 …

Airtel sees 14% jump in revenue, profit flat in Q1-2023

2023-08-03 07:50 PM by Alex Smith

Bharti Airtel has released its quarterly results for the first quarter of 2023, reporting a net profit of Rs 1,612 crores, which is almost identical to last year’s profit of Rs 1,607 crores. During this quarter, the telecommunications company generated ₹37,440 crore in revenue from operations, representing a 14% increase compared to the ₹32,850 crore …