Vodafone Idea just reported a net loss of ₹5,975 crore for Q2 FY27, slightly worse than last year's ₹5,524 crore loss.
The hit came from an adverse mark-to-market impact on treasury assets classified as an exceptional item.
Still, the company's revenue actually grew 6.2% to ₹11,884 crore thanks to stronger service and trading sales.
Vodafone Idea reaches 131 million 4G/5G users
Even with the financial dip, Vodafone Idea's 4G/5G user base climbed to 131 million, and average revenue per user jumped 10% to ₹198.
CEO Abhijit Kishore pointed out their push into extended 5G services to 400 cities and towns, and nearly 9,000 new broadband towers, the most in over two years.
Data usage also soared by 27.1%, hitting a massive 93.6 petabytes daily.
The company has placed capex orders worth over ₹13,200 crore and is eyeing more funding to keep boosting its network across India.