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Vodafone Idea reported Q3 FY26 consolidated revenue of Rs 11,323 crore, slightly above estimates, while net loss narrowed to Rs 5,286 crore. The quarter included one-time charges of Rs 1078 crore. ARPU rose to Rs 186, and AGR dues remain frozen at Rs 876.95 billion, pending reassessment.
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Vodafone Idea Ltd announced its financial results for the third quarter ended December 31, 2025, showing signs of operational stability despite continuing challenges with adjusted gross revenue (AGR) liabilities. The telecom operator managed to narrow losses while improving revenue and customer metrics.
Key Highlights
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Revenue from operations stood at Rs 11,323 crore, up nearly 2 percent year-on-year and 1.1 percent sequentially.
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Net loss after tax narrowed to Rs 5,286 crore compared to Rs 6,609 crore in the same quarter last year.
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Earnings before interest, tax, depreciation, and amortisation (EBITDA) rose to Rs 4,817 crore, with margins improving to 42.5 percent from 41.8 percent in the previous quarter.
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The quarter included one-time charges of Rs 1078 crore, of which Rs 159 crore was related to labour code provisions.
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Average revenue per user (ARPU) increased to Rs 186, reflecting better customer mix and tariff improvements.
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The Department of Telecommunications confirmed AGR dues frozen at Rs 876.95 billion as of December 31, 2025, subject to reassessment under a letter dated January 7, 2026.
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Operational performance showed cost efficiencies and improved customer metrics, though the company continues to face significant liabilities.
Sources: Reuters, Economic Times, Business Standard, ET Now
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