Q4FY21 Result Update - Vodafone Idea - ICICI Direct

Vodafone Idea's (VIL) Q4FY21 reported revenues were down 11.8% QoQ to Rs. 9,607.6 crore, out of which 9.6% decline was due to removal of IUC. On a reported basis, ARPU fell ~11.6% QoQ to Rs. 107. Reported EBITDA margins were up 660 bps QoQ to 45.9%, aided by one-off related to IT and network costs to the tune of Rs. 450 crore. Adjusted for the same, margins were at 41.2%. The EBITDA margin (excluding Ind-AS 116 impact) was 22.6%, up 320 bps QoQ. Reported loss was at Rs. 7022.6 crore, impacted by weak operating performance and exceptional charge of Rs. 974 crore, out of which Rs. 724 crore was due to impairment taken on the new integrated brand 'Vi'.

For details, click on the link below: Link to the report

Shares of Vodafone Idea Ltd was last trading in BSE at Rs.9.1 as compared to the previous close of Rs. 8.8. The total number of shares traded during the day was 120106197 in over 155875 trades.

The stock hit an intraday high of Rs. 9.38 and intraday low of 8.51. The net turnover during the day was Rs. 1077848641.

Source : Equity Bulls

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