Vodafone pre-tax profit rises 6.3%; revenue jumps 11.2% in H1

Vodafone pre-tax profit rises 6.3%; revenue jumps 11.2% in H1

FPJ BureauUpdated: Friday, May 31, 2019, 08:59 PM IST
article-image

Mumbai: Vodafone India reported an operating profit of Rs 6,534 crore in the six months through September, up 6.3% year-on-year, making it the second largest income and profit centres for the British telecom major globally. Vodafone, the single largest foreign investor in the country pumping in Rs 1.11 lakh crore since its entry in February 2007, has reported an 11.2% rise in total revenue at Rs 22,902 crore, MD and CEO Sunil Sood said here.

The second largest mobile operator with over 188 million users, which is looking at “going public at the earliest when the time is conducive,” attributed the healthy earnings “to rise in data revenue that jumped 60% to Rs 3,979 crore which is 18.9% of the total revenue, and customer additions, especially the 3G and 4G ones, and stable ARPU (average revenue per user) which rose to Rs 204.”

RECENT STORIES

Newest Kid On F&O Block: NSE Introduces Derivatives On Nifty Next 50 From Today

Newest Kid On F&O Block: NSE Introduces Derivatives On Nifty Next 50 From Today

Cyient DLM Shares Jump Over 12% After Report From Motilal Oswal; Markets Open In Green

Cyient DLM Shares Jump Over 12% After Report From Motilal Oswal; Markets Open In Green

Analysis: Why Does The Fed Action Matter To All Countries?

Analysis: Why Does The Fed Action Matter To All Countries?

Rising IP Star Advocate Urvashi M. Dooshi Named 'Woman Leader To Look Up To In 2024'

Rising IP Star Advocate Urvashi M. Dooshi Named 'Woman Leader To Look Up To In 2024'

Top 10 Share Market Training Institutes In India In 2024

Top 10 Share Market Training Institutes In India In 2024