Vodafone India revenue rises 5% at Rs 44,490 crore for fiscal year '16
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The company had posted a total revenue of Rs 42,378 crore in fiscal 2014-15.
The
"There is a strong uptake in data and our usage has gone up 63 per cent year-on-year. Shortly, our 4G services will be available in 1,000 towns across 9 circles in India,"
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The company made a capital expenditure of Rs 8,010 crore during the year. Standalone net debt for Vodafone India for Financial year 2016 is around Rs 81,500 crore.
Vodafone said it has a subscriber base of 198 million customers serviced through a network of 1,37,332 total sites, of which 62,673 are 3G+4G sites.
The average revenue per user ( ARPU ) stood at Rs 205 in Q4 financial year 2016, supported by good quality of subscribers.
Image credit: Indiatimes
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