Vodafone Idea is an Aditya Birla Group and Vodafone Group partnership. It is among India's leading telecom service providers. The company provides pan India Voice and Data services across 2G and 4G technology. The company holds a large spectrum portfolio including mid-band 5G spectrum in 17 circles and mmWave spectrum in 16 circles and is in the process of launching 5G in 17 circles. Vodafone Idea Limited, a partnership between two strong promoters, Aditya Birla Group and Vodafone Group UK, is the third largest telecommunications provider in India offering Voice, Data, Enterprise Services, and other Value Added Services (VAS), including Short Messaging Services, Digital Services, IoT Services, Cloud Managed Services, etc.
Vodafone Idea is one of the leading telecom service providers in India. The Company is engaged in the business of Mobility and Long Distance services, trading of handsets and data cards. The company's business services include voice business/services, broadband services, content services, enterprise services, and other VAS offerings like entertainment, SMS, Utility, etc.
As of the latest available data, Vodafone Idea has a market capitalization of ₹79,740 Crore, though the market cap is down -56.9% in 1 year. The company continues to face significant financial challenges with substantial losses reported across recent quarters.
For the quarter ended March 2025, the company reported a consolidated net loss of ₹7,166.1 Crore for the January-March 2025 period. Although this is still a major loss, it has reduced slightly compared to the ₹7,674.6 Crore loss the company reported in the same quarter last year. The company's revenue for the quarter rose to ₹11,010 Crore, which is a 3.8% increase compared to the same period last year.
For the full year ended March 2025, net loss reported to ₹27,383.40 Crore in the year ended March 2025, as against net loss of ₹31,238.40 Crore during the previous year ended March 2024. Sales rose 2.07% to ₹43,455.70 Crore in the year ended March 2025, as against ₹42,572.70 Crore during the previous year ended March 2024.
Key financial metrics for various reporting periods include:
* Q4 FY25 Results: Vodafone Idea also shared that its earnings before interest, taxes, depreciation, and amortisation (EBITDA) stood at ₹4,660 Crore for the quarter.
* Q3 FY25 Results: The telco's revenue from operations stood at ₹11,117.3 Crore in the quarter under review, jumping 4.16% year-on-year (YoY) from ₹10,673.1 Crore in the December quarter of the 2023-24 fiscal year (Q3 FY24).
* Q1 FY25 Results: Vodafone Idea (Vi) on Monday reported a net loss of ₹6,432 Crore in the April-June quarter (Q1) of 2024-25 (FY25), down nearly 18% from the ₹7,840 Crore loss seen in the corresponding quarter of 2023-24 (FY24), due to lower interest and financing costs.
The company has been making significant investments in network infrastructure expansion and 5G deployment. Vodafone Idea spent ₹4,230 Crore on capital expenditure (capex), which is the highest amount the company has invested in any single quarter since its merger. This large spending shows that the company is focusing on improving and expanding its network and infrastructure. For the full year (FY25), the total capex reached ₹9,570 Crore.
The company has launched 5G services in select markets. The company announced that its 5G services are now available in cities of Mumbai, Delhi, Chandigarh, and Patna. The expansion efforts are underway to offer 5G services in the key geographies of all 17 circles where we have 5G spectrum by August 2025.
Vodafone Idea has been working on improving its financial position through debt reduction efforts. On the financial side, Vodafone Idea was able to reduce its debt from banks, bringing it down from ₹4,040 Crore in March 2024 to ₹2,330 Crore in March 2025. This indicates progress in managing its financial obligations. Additionally, the company had a healthy cash and bank balance of ₹9,930 Crore as of March 31, 2025.
To support its expansion plans and improve financial stability, Vodafone Idea has announced that its board has approved a plan to raise up to ₹20,000 Crore. This money will help the company improve its financial position and invest in its network and services.
Promoter holding has decreased over the last quarter: -13.2% with Promoter Holding standing at 25.6%. According to recent data, Promoter holding in Vodafone Idea Ltd has gone down to 25.57% as of April 2025 from 38.80% as of December 2024.
The stock has shown volatility, with the Vodafone Idea Ltd's 52-week high share price at ₹17.74 and 52-week low share price at ₹6.30. Over the last 3 years, Vodafone Idea Ltd share price moved down by 12.17% on BSE.
The company continues to face competitive pressure from larger rivals Reliance Jio and Bharti Airtel, while working towards network modernization and 5G deployment to strengthen its market position. Despite ongoing financial challenges, the company's focus on infrastructure investments and debt reduction efforts indicate steps toward financial recovery and operational improvement.
