India's Vodafone Idea reported a bigger-than-expected second-quarter loss on Wednesday, weighed down by a shrinking user base. The telecom operator narrowed its consolidated loss after tax to 71.76 billion rupees ($850.

The Aditya Birla Group company posted a loss of Rs 7,175.9 crore in the July–September quarter in comparison to Rs 6,432.1 crore in the year-ago period, according to an exchange filing on Wednesday. Analysts tracked by Bloomberg had a consensus estimate of Rs 6,429 crore.

Vodafone Idea has reduced its losses to Rs 7,176 crore in the July-September quarter of the current financial year from Rs 8,738 crore in the same quarter last year. Revenue from operations in the reporting period rose marginally by 2 per cent year-on-year (YoY) to Rs 10,

Vodafone Idea‘s share price was in the red on Wednesday morning ahead of the company’s September quarter earnings later today. On average, analysts expect the company’s revenue to come in at ₹11,198 crore and peg net loss at ₹6,