Vodafone Idea Q2 FY 2024 – Press Release and Quarterly Report

Highlights for the Quarter

· Revenue up 0.6% QoQ to Rs. 107.2 billion supported by improving subscriber mix and 4G subscriber additions

· EBITDA (pre-Ind AS 116) for the quarter improved from Rs. 20.2 billion in Q1FY24 to Rs. 20.6 billion

· ARPU for the quarter stood at Rs. 142 vs Rs. 139 in Q1FY24 (QoQ growth of 2.1%)

· 4G subscriber base increased to 124.7 million vs 122.9 million in Q1FY24

· Continued network capacity expansion supported by spectrum refarming and network upgrade

· Vi offered best voice quality as per TRAI “MyCall” App data for 30 out of 35 months between November 2020 and September 2023