Vodafone Idea Limited (Vi) has released its financial results for quarter ended on June 30, 2025. According to the company, its revenue from operations stood at Rs 110.225 billion in the first quarter (Q1) 2025-26 as compared to Rs 105.083 billion in Q1 2024-25, showing year-on-year (YoY) growth of 4.9 per cent. Further, the company’s loss after tax stood at Rs 66.081 billion against Rs 64.321 billion for the corresponding period.
The average revenue per user came in 15 per cent higher at Rs 177 against Rs 154 in Q1 FY25.
Furthermore, the 4G population coverage increased to approximately 84 per cent of the population. During the same period, their 4G data capacity expanded by 36 per cent, driving 24 per cent improvement in 4G speeds. After the launch of 5G services in Mumbai in March 25, this quarter has witnessed a quick expansion of Vi’s 5G services to 13 circles. The 5G services are now available in 22 cities namely Mumbai, Delhi, Bengaluru, Mysuru, Ahmedabad, Surat, Vadodara, Rajkot, Nagpur, Chhatrapati Sambhajinagar, Nashik, Chandigarh, Jaipur, Patna, Meerut, Agra, Sonipat, Kozhikode, Malappuram, Kochi, Madurai and Vizag. Further expansion to additional key cities across all 17 circles is planned by September 2025.
Moreover, Vi’s capital expenditure (capex) spend for Q1 2025-26 was Rs 24.4 billion.
The telco’s debt from banks has decreased to Rs 19.3 billion and the cash and bank balance stood at Rs 68.3 billion as on June 30, 2025.
Meanwhile, its earnings before interest, tax, depreciation and amortisation (EBITDA) increased to Rs 46.121 billion in Q1 2025-26 against Rs 42.047 billion for the corresponding quarter last year. Cash EBITDA (pre-IndAS 116) increased to Rs 21.807 billion from Rs 21.033 billion for the reported period, grew by 3.7 per cent on YoY basis.
Commenting on the results, chief executive officer (CEO), Vi, 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 per cent 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.”
