Headlines of the Day
Vodafone Idea Q2 FY23 results expected to be announced today
Vi is expected to announced its JAS 2022 quarter results today.
Analysts expect the loss in subscribers to continue, in Q21 FY23, the telco had lost 3.4 million subscribers.
A higher ARPU may be the saving grace. ICICIdirect forecasts 2% sequentially growth in ARPU. The rise in operating profit is also seen at a marginal 0.7% QoQ, a consolidated net loss of Rs 6,727 crore, compared to a loss of Rs 7,297 crore in Q21 FY23.
CT Bureau
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