ALFA Finder| Revenue growth | ₹11,884 Cr, 6.2% YoY growth from subscriber upgrades. |
|---|---|
| Margins | Cash EBITDA margin at 21%; focus on rigorous cost management. |
| Demand visibility | Strong data demand; total data usage up 27.1% YoY. |
| Management confidence | Cautiously optimistic; focusing on execution and upcoming bank funding. |
Growth
Revenue grew 6.2% YoY to ₹11,884 Cr; ARPU rose 9.7% to ₹198 via 4G/5G upgrades.
Outlook
Targets 4G coverage parity by FY28; ₹45,000 Cr capex planned over three years.
Risks
Massive debt repayment obligations; reliance on slow-moving public sector bank consortium for crucial funding.
Last quarter's promises, checked
Delivered
- ARPU 'a little better than ₹195' → ₹198 (= BEAT)
- Continued positive net adds → +1.3M total subs incl. M2M (= BEAT)
Partly delivered
- Deploy ₹9,100 Cr orders in ≤2 qtrs → ₹1,930 Cr Q1 + ₹3,946 Cr Q2 capex (= PARTIAL)
- 3x cash EBITDA (3-yr) → 21% margin, no ₹ figure (= PARTIAL)
- 4G rollout ~18 mo → FY28 parity reiterated, no site count (= PARTIAL)
Missed
- 16.8% revenue CAGR (3-yr) → 6.2% YoY (= MISS)
- PSU bank funding 'hopeful' to close → still pending (= MISS)
Earnings Call Transcript filed with NSE, NSE: IDEA. Summary written with AI assistance from the document.
Vodafone Idea Ltd: key numbers
- Share price
- ₹12.57
- Market cap
- ₹1,36,187 Cr
- Revenue (annual)
- ₹44,873 Cr
- Net profit (annual)
- ₹34,552 Cr
- P/E (TTM)
- 3.7×Sector 36.6×
- Promoter holding
- 25.64%+0.00% QoQ
- FII holding
- 5.83%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Vodafone Idea Ltd
All →Vodafone Idea Investor Presentation: Key Takeaways
Q2FY27 revenue Rs11,884 Cr (+6.2% YoY), EBITDA Rs4,981 Cr at 41.9% margin, PAT loss Rs5,975 Cr. Strategy: 17-5-5 network rollout and ARPU-led growth.
Vodafone Idea Management Change
Vodafone Idea announced that independent director Sunirmal Talukdar will cease on 5 December 2026 on completing his tenure. Dr. V S Parthasarathy was appointed as an independent director from 6 December 2026.
Vodafone Idea Other Announcement
Vodafone Idea filed its Monitoring Agency Report on warrant-proceeds utilisation for the quarter ended 30 September 2026. Board reviewed it on 12 November 2026.
Vodafone Idea Results Update
Vodafone Idea filed its Q2FY27 Quarterly Report for the period ended 30 September 2026. Revenue from operations was Rs 11,884 Cr, with PAT of Rs (5,975) Cr.
Vodafone Idea Q2 FY27 Results: Net Loss of ₹5,975 Cr, Loss Widens
Vodafone Idea Ltd reported revenue from operations of ₹11,884 Cr (+6.2% YoY) and a net loss of ₹5,975 Cr for Q2 FY27.
- Key figure
- Net loss ₹5,975 Cr
Vodafone Idea Employee Stock Options
Vodafone Idea's NRC approved granting 95,90,243 stock options under VIL Scheme 2024. Options vest at 33% annually over 3 years with a 5-year exercise window.