Vodafone Idea Ltd

Vodafone Idea announced that Care Ratings (CARE) has revised its outlook on long term bank facilities from 'Stable' to 'Positive' while re-affirming the rating at CARE BBB-.Powered by Capital Market - Live

Revenue for the quarter stood at Rs 11,323 crore, up 1.9% YoY. While reported EBITDA improved by 2.21% YoY to Rs 4,816 crore, reported EBITDA margin expanded to 42.5% in Q3 FY26 from 42.4% in Q3 FY25. Customer ARPU (ex M2M) was Rs 186 in Q3 FY26 as against Rs 173 in Q3 FY25, up 7.3% YoY. The company's 4G/5G subscriber base rose to 128.5 million in Q3 FY26 from 126.0 million in Q3 FY25. Average data usage by 4G/5G subscribers was 19.2 GB/day for Q3 FY26, up 26.7% YoY. The company said that it had raised Rs 3,300 crore via NCD issue through its subsidiary and the proceeds from this issue would be utilised towards capex. Vodafone Idea's AGR liability has been frozen as of 31 December 2025 at Rs 87,695 crore and is subject to reassessment. The payment plan would encompass of limited cash outflow that would be spread over the next 10 years. Abhijit Kishore, CEO, Vodafone Idea, said 'This quarter marked an important inflection point for the company with positive resolution of key legacy issues. We are thankful to the Government for offering a definitive, long-term and conclusive solution on the AGR matter. We also concluded the settlement of CLAM receivable of Rs 6,394 crore with the Vodafone Group. One of the key milestones for the quarter was the successful NCD raise of Rs. 3,300 Crore, despite an AGR overhang; a clear reflection of lender confidence on our ability to improve the business performance. Collectively, these developments have strengthened the trajectory of our debt discussions which will enable us to execute our larger capex plan to strengthen the network and further elevate the customer experience. On the operational side, our market initiatives translated into deeper customer engagement with ARPU and data consumption improving sequentially.' Vodafone Idea is an Aditya Birla Group and Vodafone Group partnership. It is amongst India's leading telecom service providers. The company holds a large spectrum portfolio including mid band 5G spectrum in 17 circles and mmWave spectrum in 16 circles. The company provides Voice and Data services across 2G, 4G and 5G platforms and is expanding 5G services across 17 circles.Powered by Capital Market - Live

Net Loss of Vodafone Idea reported to Rs 5286.00 crore in the quarter ended December 2025 as against net loss of Rs 6609.00 crore during the previous quarter ended December 2024. Sales rose 1.87% to Rs 11308.00 crore in the quarter ended December 2025 as against Rs 11100.00 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales11308.0011100.00 2 OPM %42.6042.45 - PBDT-818.00-978.00 16 PBT-6368.00-6607.00 4 NP-5286.00-6609.00 20 Powered by Capital Market - Live

Vodafone Idea will hold a meeting of the Board of Directors of the Company on 27 January 2026.Powered by Capital Market - Live

Under the revised payment plan, the telecom operator will pay Rs 124 crore a year from March 2026 to March 2031. It will then pay Rs 100 crore annually from March 2032 to March 2035. The remaining dues will be cleared in equal instalments between March 2036 and March 2041. The Department of Telecommunications will also form a committee to reassess the AGR dues. The decision of the committee will be final. AGR dues are licence fee and spectrum charges linked to adjusted gross revenue. This includes even non telecom income. Vodafone Idea has been under financial stress due to high AGR liabilities, intense competition and heavy debt. India's 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. The telco reported a consolidated net loss of Rs 5,524 crore in Q2 FY26, narrowing from a net loss of Rs 7,175.90 crore in the same quarter last year. Net sales increased 2.3% to Rs 11,169.60 crore in Q2 FY26 compared with Rs 10,918.20 crore posted in the same quarter last year. Powered by Capital Market - Live

Vodafone Idea Ltd rose 5.48% today to trade at Rs 12.13. The BSE Telecommunication index is up 1.37% to quote at 3151.91. The index is up 3.71 % over last one month. Among the other constituents of the index, Indus Towers Ltd increased 5.23% and ADC India Communications Ltd added 2.45% on the day. The BSE Telecommunication index went up 11.81 % over last one year compared to the 8.25% surge in benchmark SENSEX. Vodafone Idea Ltd has added 13.05% over last one month compared to 3.71% gain in BSE Telecommunication index and 0.44% drop in the SENSEX. On the BSE, 156.58 lakh shares were traded in the counter so far compared with average daily volumes of 907.85 lakh shares in the past one month. The stock hit a record high of Rs 12.8 on 31 Dec 2025. The stock hit a 52-week low of Rs 6.12 on 14 Aug 2025.Powered by Capital Market - Live

The penalty has been imposed by the Office of the Additional Commissioner, Central Goods & Service Tax, Ahmedabad South, Ahmedabad. The order, passed under Section 74 of the CGST Act, confirms a penalty of Rs 637.90 crore along with applicable tax demand and interest. The order alleges short payment of tax and excess availment of Input Tax Credit (ITC). The company said The maximum financial impact is to the extent of tax demand, interest and penalty levied. Vodafone Idea stated that it does not agree with the order and will take appropriate legal action against it. The company received the show-cause notice on 31 December 2025, while the disclosure was made through an official filing on 1 December 2026 after market hours. India's 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. The telco reported a consolidated net loss of Rs 5,524 crore in Q2 FY26, narrowing from a net loss of Rs 7,175.90 crore in the same quarter last year. Net sales increased 2.3% to Rs 11,169.60 crore in Q2 FY26 compared with Rs 10,918.20 crore posted in the same quarter last year. The counter rose 0.95% to Rs 11.73 on the BSE. Powered by Capital Market - Live

In an exchange filing, Vodafone Idea said it has entered into an amendment agreement with the Vodafone Group to the original implementation agreement dated 20 March 2017. The amendment formalises a commitment by promoters to infuse about Rs 5,836 crore into the company. Vodafone Idea had earlier recognised Rs 8,369 crore as receivable from Vodafone Group promoters under the contingent liability adjustment mechanism (CLAM), which represents the maximum cap for such payments. After adjusting Rs 1,975 crore already paid, the balance CLAM amount stood at Rs 6,394 crore. Following the amended terms, about Rs 5,836 crore is now receivable by the company. Under the revised structure, Vodafone Group promoters will release Rs 2,307 crore in cash over the next 12 months, subject to agreed conditions. In addition, 3.28 billion equity shares of Vodafone Idea have been earmarked by certain Vodafone Group shareholders for a period of five years. Proceeds from the sale of these shares, at the company's direction, will accrue to Vodafone Idea. As of December 31, the market value of the earmarked shares stood at about Rs 3,529 crore, based on the NSE closing price of Rs 10.76 per share. The company said the amended arrangement strengthens its financial framework and improves predictability of future cash flows. It also clarified that receipt of the CLAM amount does not require any prior payment to the Department of Telecommunications. The amendment represents a modification to an existing related-party transaction with promoter group entities and does not involve any issuance of shares or loan arrangements, the company said. Separately, the Union Cabinet on Tuesday approved a relief package for Vodafone Idea under which its adjusted gross revenue dues have been frozen at about Rs 87,695 crore as of December 31, with repayment rescheduled over a 10-year period from FY32 to FY41, subject to reassessment of the frozen amount by the Department of Telecommunications under deduction-verification guidelines, with the final determination binding on both parties. ​ Under this revised framework, AGR dues for FY18 and FY19 will continue to be paid over the FY26-FY31 period and will not be part of the frozen bucket, while a government-appointed committee and DoT audits will drive the eventual payable figure, which is intended to balance recovery of dues with giving the company more runway to revive operations and attract investment. ​ India's 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. The telco reported a consolidated net loss of Rs 5,524 crore in Q2 FY26, narrowing from a net loss of Rs 7,175.90 crore in the same quarter last year. Net sales increased 2.3% to Rs 11,169.60 crore in Q2 FY26 compared with Rs 10,918.20 crore posted in same quarter last year. Powered by Capital Market - Live

Adani Total Gas Ltd, Transformers & Rectifiers India Ltd, Sunteck Realty Ltd and Adani Power Ltd are among the other gainers in the BSE's 'A' group today, 01 January 2026.Vodafone Idea Ltd surged 9.48% to Rs 11.78 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 1298.32 lakh shares were traded on the counter so far as against the average daily volumes of 843.19 lakh shares in the past one month. Adani Total Gas Ltd soared 6.56% to Rs 604.2. The stock was the second biggest gainer in 'A' group. On the BSE, 7.06 lakh shares were traded on the counter so far as against the average daily volumes of 52592 shares in the past one month. Transformers & Rectifiers India Ltd spiked 6.22% to Rs 303. The stock was the third biggest gainer in 'A' group. On the BSE, 7.71 lakh shares were traded on the counter so far as against the average daily volumes of 6.89 lakh shares in the past one month. Sunteck Realty Ltd spurt 4.76% to Rs 415. The stock was the fourth biggest gainer in 'A' group. On the BSE, 96671 shares were traded on the counter so far as against the average daily volumes of 8392 shares in the past one month. Adani Power Ltd jumped 4.65% to Rs 149.65. The stock was the fifth biggest gainer in 'A' group. On the BSE, 52.84 lakh shares were traded on the counter so far as against the average daily volumes of 9.72 lakh shares in the past one month. Powered by Capital Market - Live

The Nifty 27 January 2025 futures closed at 26,304.80, a premium of 175.2 points compared with the Nifty's closing at 26,129.60 in the cash market. In the cash market, The Nifty 50 index surged 190.75 points or 0.74% to 26,129.60. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, was down 2.09% to 9.48. Vodafone Idea, Indus Towers and Steel Authority of India (SAIL) were the top-traded individual stock futures contracts in the F&O segment of the NSE. The January 2025 F&O contracts will expire on 27 January 2025.Powered by Capital Market - Live