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Vodafone Idea Q1 revenue inches higher, losses widen
Vodafone Idea Q1 revenue inches higher, losses widen

Business Standard

time2 days ago

  • Business
  • Business Standard

Vodafone Idea Q1 revenue inches higher, losses widen

Vodafone Idea reported a wider loss in Q1 FY26 despite modest growth in revenue. On a consolidated basis, net loss stood at Rs 6,608.1 crore in Q1 FY26 higher than Rs 6,432.1 crore in Q1 FY25. Revenue from operations rose 4.9% YoY to Rs 11,022.5 crore from Rs 10,508.3 crore in Q1 FY25. Cash EBITDA came in at Rs 2,180.7 crore in Q1 FY26, up 3.7% from Rs 2,103.3 crore in Q1 FY25. However, cash EBITDA margin slipped marginally to 19.8% from 20% last year. Reported EBITDA stood at Rs 4,612.1 crore in Q1 FY26, higher than Rs 4,204.7 crore in Q1 FY25, with margin improving to 41.8% from 40%. Capex for the quarter stood at Rs 2,440 crore. The companys debt from banks was reduced to Rs 1,930 crore as of 30 June 2025, while cash and bank balance stood at Rs 6,830 crore. Operationally, ARPU improved 15% YoY to Rs 177 from Rs 154 in Q1 FY25, driven by tariff revisions and customer upgrades. Its total subscriber base stood at 197.7 million. The 4G/5G subscriber base rose to 127.4 million versus 126.7 million last year. Coverage also expanded, with 4G now reaching ~84% of the population. Data consumption surged, with 4G capacity rising 36% and 4G speeds up 24% versus March 2024. The company also announced a strategic partnership with AST SpaceMobile to deliver satellite broadband connectivity in remote regions lacking terrestrial networks. Akshaya Moondra, CEO, Vodafone Idea, said "This has been a decisive turnaround quarter. The investments made over the past three quarters to expand our 4G coverage have started yielding results, as reflected in the 90% lower subscriber loss compared to Q2 and Q3 of last financial year, being the lowest subscriber decline since merger. Our 5G services are now operational in 22 cities across 13 circles, and we are committed to systematically expanding our 5G footprint, in line with growing 5G handset adoption. We are encouraged by the momentum across our core business metrics. Data consumption has hit a record high driven by the success of our SuperHero and Non-stop SuperHero plans. With a solid foundation in place, we are well positioned to seize emerging growth opportunities in the industry. We continue to invest in capex and to support our broader capex plans of Rs. 500-550 billion, we remain engaged with lenders to secure debt financing." Indias third-largest telecom operator, Vodafone Idea is backed by Aditya Birla Group and Vodafone Group. The company holds 5G spectrum in 17 circles and mmWave spectrum in 16 circles, offering services across 2G, 4G and expanding 5G networks. Shares of Vodafone Idea fell 3.45% to settle at Rs 6.15 on 14 August 2025.

Vodafone Idea's Net Loss Widens To Rs 6,608 Crore In Q1
Vodafone Idea's Net Loss Widens To Rs 6,608 Crore In Q1

India.com

time4 days ago

  • Business
  • India.com

Vodafone Idea's Net Loss Widens To Rs 6,608 Crore In Q1

Mumbai: Vodafone Idea's losses grew in the June 2025 quarter (Q1 FY26) as the telecom operator reported a net loss of Rs 6,608 crore, compared to Rs 6,432 crore in the same period previous fiscal (Q1 FY25). However, the company's revenue from operations rose 5 per cent to Rs 11,023 crore, up from Rs 10,508 crore in the year-ago quarter, according to its stock exchange filing. The company's average revenue per user (ARPU) increased to Rs 177 during the quarter, compared to Rs 154 in Q1 FY25 -- marking a 15 per cent year-on-year (YoY) rise. Its earnings before interest, taxes, depreciation and amortisation (EBITDA) stood at Rs 4,612 crore, up 10 per cent from Rs 4,205 crore a year earlier. The EBITDA margin improved to 41.8 per cent from 40 per cent in the same period previous financial year. Vodafone Idea CEO Akshaya Moondra said the quarter marked a decisive turnaround for the company. He noted that investments made in the past three quarters to expand 4G coverage have started showing results, with subscriber losses down 90 per cent compared to Q2 and Q3 of last financial year -- the lowest decline since the merger. "This has been a decisive turnaround quarter. The investments made over the past three quarters to expand our 4G coverage have started yielding results, as reflected in the 90 per cent lower subscriber loss compared to Q2 and Q3 of last financial year, being the lowest subscriber decline since merger,' Moondra stated. The company has launched 5G services in 22 cities across 13 circles and plans to expand further in line with the rising adoption of 5G-enabled smartphones. Data usage has reached record levels, driven by the popularity of its SuperHero and Non-stop SuperHero plans. Moondra added that Vodafone Idea is continuing to invest in capital expenditure and, to meet its broader plans of Rs 500–550 billion, is in talks with lenders to secure debt funding.

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