Vodafone Idea (Vi) recorded a consolidated net loss of ₹6,608 crore for the quarter ended June 30, 2025 (Q1 FY26), reflecting slight year-on-year deterioration but showcasing some operational resilience amid ongoing challenges.
Financial Performance Highlights
- Net Loss: The telecom operator’s consolidated loss widened slightly from ₹6,432 crore in Q1 FY25 to ₹6,608 crore in Q1 FY26. This, however, was an improvement sequentially from the ₹7,166 crore loss in Q4 FY25.
- Revenue: Revenue from operations rose approximately 5% year-on-year, reaching around ₹11,022–11,023 crore.
- ARPU: Average Revenue Per User (ARPU) climbed 15% year-on-year to ₹177, a positive indicator of improved monetization. Reuters
Operational Progress and Strategic Moves
- Sequential Improvement: The loss narrowed sequentially from Q4 FY25’s ₹7,166 crore, suggesting initial signs of financial stabilization.
- Revenue Drivers: Growth in revenue was primarily fueled by improved uptake in 4G and 5G services.
- Leadership Update: Vi announced that current COO Abhijit Kishore will take over as CEO starting August 19, 2025, following Akhaya Moondra’s tenure.
What This Means for Vi and the Telecom Sector
| Factor | Insight |
|---|---|
| Revenue Traction | Modest growth buoyed by rising ARPU and 4G/5G adoption. |
| Financial Strain | Despite improvement, Vi remains heavily loss-making with high debt. |
| Leadership Shift | New leadership may signal renewed strategic focus amid financial stress. |
| Recovery Path | Improving metrics hint at gradual recovery, though turnaround remains challenging. |
