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Vodafone Idea Ltd.

IDEATelecommunication filings

We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.

Earnings calls

22 transcript(s)/analyst meet(s) served; 4 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 22 documents here); elsewhere sentences render unattributed.

KindDatePeriodServedAttribution rate
TRANSCRIPT202205172022-03-31yes
COVER_LETTER202208042022-06-30no
TRANSCRIPT202208172022-06-30yes
COVER_LETTER202211042022-09-30no
TRANSCRIPT202211102022-09-30yes
COVER_LETTER202302162022-12-31no
TRANSCRIPT202302222022-12-31yes
COVER_LETTER202305262023-03-31no
TRANSCRIPT202306022023-03-31yes
TRANSCRIPT202308232023-06-30yes
TRANSCRIPT202311042023-09-30yes
TRANSCRIPT202402062023-12-31yes
TRANSCRIPT202405242024-03-31yes
TRANSCRIPT202408212024-06-30yes
TRANSCRIPT202409302024-06-30yes
TRANSCRIPT202411212024-09-30yes
TRANSCRIPT202502192024-12-31yes
TRANSCRIPT202506052025-03-31yes
TRANSCRIPT202508252025-06-30yes
TRANSCRIPT202511172025-09-30yes
TRANSCRIPT202605252026-03-31yes
TRANSCRIPT202608182026-06-30yes

IDEA

files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.

Identity

Statement divisiongeneral
Scope servedconsolidated
Panels on this page4

Market

No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.

Last close14.12
52-week range8.02 – 15.6
Return 1M-7.04%
Return 3M0.43%
Return 1Y64.38%
Return 3Y24.96%
Return 5Y22.78%
Market capitalisationnot shown — we could not confirm it
Shares outstandingnot shown — we could not confirm it
P/Enot shown — we could not confirm it
P/Bnot shown — we could not confirm it
EV/EBITDAnot shown — we could not confirm it

Latest quarter filed — period ending 2026-06-30

In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.

Revenue from operations11,689.00
Other income195.00
Total income11,884.00
Cost of materials consumed0.00
Purchases of stock-in-trade19.00
Changes in inventories0.00
Employee benefit expense542.00
Finance costs5,120.00

Ownership — 2026-06-30, and the change from 2026-03-31

HolderPer centChange
promoter and promoter group0.260.00
institutions foreign0.060.01
institutions domestic0.06-0.00
mutual funds0.06-0.00
public0.740.00

Documents on file

ClassMost recentOn file
COVER_LETTER2023-03-314
TRANSCRIPT2026-06-3018

Financial statements

Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.

Quarterly results, as filed

Line2022-03-312022-12-312023-03-312023-06-302023-09-302023-12-312024-03-312024-06-302024-09-302024-12-312025-03-312025-06-302025-09-302025-12-312026-03-312026-06-30
Revenue from operations10,240.0010,621.0010,532.0010,656.0010,716.0010,673.0010,574.0010,508.0010,932.0011,117.0011,014.0011,022.0011,195.0011,323.0011,332.0011,689.00
Other income32.0038.0094.0021.0034.0025.0066.00256.00300.00250.00215.00142.00102.00193.00104.00195.00
Total income10,272.0010,659.0010,626.0010,677.0010,751.0010,698.0010,639.0010,765.0011,232.0011,367.0011,228.0011,164.0011,297.0011,516.0011,436.0011,884.00
Cost of materials consumed6.003.003.0013.001.002.000.000.000.000.000.000.000.000.000.000.00
Purchases of stock-in-trade0.000.000.000.000.000.000.000.000.000.001.000.001.001.004.0019.00
Changes in inventories0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Employee benefit expense470.00484.00485.00500.00535.00543.00544.00547.00585.00549.00550.00544.00607.00603.00583.00542.00
Finance costs5,316.006,323.005,002.006,398.006,569.006,518.006,280.005,519.006,614.005,940.006,471.005,893.004,784.005,828.004,990.005,120.00
Depreciation and amortisation5,913.005,886.005,704.005,616.005,667.005,598.005,751.005,369.005,404.005,629.005,571.005,472.005,568.005,550.005,518.005,467.00
Other expenses5,115.005,953.005,834.005,985.005,898.005,778.005,726.005,757.005,797.005,855.005,803.005,867.005,901.005,902.005,856.006,094.00
Total expenses16,820.0018,648.0017,027.0018,513.0018,670.0018,439.0018,303.0017,191.0018,400.0017,974.0018,396.0017,775.0016,862.0017,884.0016,951.0017,242.00
Profit before exceptional items and tax-6,548.00-7,990.00-6,401.00-7,836.00-7,919.00-7,741.00-7,663.00-6,427.00-7,168.00-6,607.00-7,168.00-6,611.00-5,565.00-6,368.00-5,515.00-5,358.00
Exceptional items-14.000.00-22.000.000.00756.000.000.000.000.000.000.0038.001,078.0057,491.001,611.00
Profit before tax-6,562.00-7,990.00-6,424.00-7,836.00-7,919.00-6,986.00-7,663.00-6,427.00-7,168.00-6,607.00-7,168.00-6,611.00-5,527.00-5,290.0051,976.00-3,747.00
Current tax2.003.00-2.003.00817.001.008.001.000.000.00-5.000.000.003.008.007.00
Deferred tax0.00-2.00-3.000.001.00-2.001.004.008.002.005.00-3.00-3.00-7.00-2.000.00
Tax expense2.000.00-5.003.00818.00-1.009.006.008.002.000.00-3.00-3.00-4.006.007.00
Profit for the period-6,563.00-7,990.00-6,419.00-7,840.00-8,738.00-6,986.00-7,675.00-6,432.00-7,176.00-6,609.00-7,166.00-6,608.00-5,524.00-5,286.0051,970.00-3,754.00
Profit attributable to owners0.000.000.000.000.000.000.00—0.00—0.00—————
Profit attributable to non-controlling interests0.000.000.000.000.000.000.00—0.00—0.00—————
Other comprehensive income18.002.005.003.00-9.00-3.00-0.00-2.00-8.00-5.00-1.00-4.00-1.002.0016.003.00
Total comprehensive income-6,545.00-7,988.00-6,414.00-7,837.00-8,747.00-6,989.00-7,675.00-6,434.00-7,184.00-6,615.00-7,167.00-6,612.00-5,526.00-5,284.0051,986.00-3,751.00
Earnings per share, basic-2.28-2.45-1.53-1.61-1.79-1.44-1.57-1.02-1.03-0.95-1.01-0.63-0.51-0.494.80-0.35
Earnings per share, diluted-2.28-2.45-1.53-1.61-1.79-1.44-1.57-1.02-1.03-0.95-1.01-0.63-0.51-0.494.80-0.35

Annual results, as filed

Line2019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Revenue from operations37,092.0044,958.0041,952.0038,516.0042,177.0042,555.0043,571.0044,873.00
Other income731.001,039.00174.00129.00311.00210.001,021.00541.00
Total income37,824.0045,997.0042,126.0038,645.0042,488.0042,765.0044,592.0045,414.00
Cost of materials consumed26.0013.003.007.008.0016.000.000.00
Purchases of stock-in-trade0.000.000.000.000.000.002.006.00
Changes in inventories0.000.000.000.000.000.000.000.00
Employee benefit expense2,294.002,164.002,030.001,735.001,866.002,122.002,231.002,337.00
Finance costs9,463.0015,392.0017,998.0020,981.0023,354.0025,766.0024,543.0021,495.00
Depreciation and amortisation14,536.0024,356.0023,638.0023,584.0023,050.0022,634.0021,973.0022,108.00
Other expenses30,729.0027,868.0022,974.0020,737.0023,486.0023,388.0023,212.0023,527.00
Total expenses57,048.0069,793.0066,643.0067,044.0071,764.0073,925.0071,961.0069,473.00
Profit before exceptional items and tax-19,224.00-23,797.00-24,517.00-28,400.00-29,276.00-31,160.00-27,369.00-24,059.00
Exceptional items852.00-38,356.00-19,968.00164.00-22.00756.000.0058,607.00
Profit before tax-18,372.00-62,152.00-44,485.00-28,235.00-29,298.00-30,404.00-27,369.0034,548.00
Current tax18.000.00-18.0017.0012.00828.00-3.0011.00
Deferred tax-3,590.0012,081.00-2.00-6.00-8.000.0018.00-15.00
Tax expense-3,572.0012,081.00-20.0011.004.00829.0016.00-4.00
Profit for the period-14,604.00-73,878.00-44,233.00-28,245.00-29,301.00-31,238.00-27,383.0034,552.00
Profit attributable to owners0.000.000.000.000.000.000.00—
Profit attributable to non-controlling interests0.000.000.000.000.000.000.00—
Other comprehensive income33.00-9.0037.009.0011.00-9.00-17.0012.00
Total comprehensive income-14,571.00-73,887.00-44,196.00-28,236.00-29,290.00-31,248.00-27,401.0034,564.00
Earnings per share, basic-21.16-27.26-15.40-9.83-8.43-6.41-4.013.21
Earnings per share, diluted-21.16-27.26-15.40-9.83-8.43-6.41-4.013.21

Balance sheet, as filed

Line2023-03-312023-09-302024-03-312024-09-302025-03-312025-09-302026-03-31
Total assets207,243.00197,429.00184,998.00196,997.00197,867.00188,548.00191,638.00
Non-current assets193,340.00183,723.00172,088.00163,428.00166,827.00164,464.00169,762.00
Current assets13,854.0013,656.0012,860.0033,568.0031,040.0024,084.0021,876.00
Property, plant and equipment59,821.0056,447.0052,176.0050,225.0056,196.0059,440.0064,240.00
Capital work-in-progress300.00494.00639.00808.002,472.00946.001,454.00
Goodwill0.000.000.000.000.000.000.00
Other intangible assets96,434.0092,114.0087,949.0087,282.0085,124.0083,162.0078,846.00
Inventories16.003.001.001.001.004.0021.00
Trade receivables2,164.002,206.002,195.002,340.002,000.001,890.001,969.00
Cash and cash equivalents229.00120.00168.002,496.00257.00868.002,106.00
Total equity and liabilities207,243.00197,429.00184,998.00196,997.00197,867.00188,548.00191,638.00
Equity-74,359.00-90,943.00-104,167.00-95,396.00-70,320.00-82,460.00-35,758.00
Equity share capital48,680.0048,680.0050,120.0069,700.0071,393.00108,343.00108,343.00
Other equity-123,039.00-139,623.00-154,287.00-165,096.00-141,713.00-190,803.00-144,101.00
Total liabilities281,602.00288,372.00289,164.00292,393.00268,187.00271,008.00227,396.00
Non-current liabilities221,579.00227,700.00235,023.00239,889.00212,573.00218,337.00187,707.00
Current liabilities60,023.0060,672.0054,141.0052,504.0055,614.0052,671.0039,689.00
Borrowings, non-current189,290.00193,068.00202,896.00204,580.00182,768.00182,214.00145,748.00
Borrowings, current12,296.0010,355.004,734.0010,927.0013,528.0012,770.003,707.00
Trade payables13,536.0015,030.0013,731.0012,335.0010,748.009,043.008,826.00

Cash flow, as filed

Line2022-03-312023-03-312023-09-302024-03-312024-09-302025-03-312025-09-302026-03-31
Net cash from operating activities17,387.0018,869.009,707.0020,826.006,415.009,291.0010,472.0019,411.00
Net cash from investing activities-5,730.00-5,414.00-781.00-1,907.00-17,796.00-16,248.00-1,792.00-6,104.00
Net cash from financing activities-10,554.00-14,680.00-9,036.00-18,980.0013,710.007,047.00-8,069.00-11,458.00
Purchase of property, plant and equipment6,009.003,942.00433.001,614.006,218.0010,005.006,851.0010,979.00
Net increase in cash1,103.00-1,224.00-109.00-61.002,329.0089.00611.001,849.00
con:CFO.BEFORE_TAX15,918.0017,524.009,712.0017,856.005,922.008,815.0010,287.0019,002.00
con:INTEREST_RECEIVED.OPERATING0.000.000.000.000.000.000.000.00
con:INTEREST_PAID.OPERATING0.000.000.000.000.000.000.000.00
con:DIVIDENDS_RECEIVED.OPERATING0.000.000.000.000.000.000.000.00
con:TAX_PAID.OPERATING-1,470.00-1,345.005.00-2,970.00-493.00-476.00-186.00-409.00
con:CF_OTHER.OPERATING0.000.000.000.000.000.000.000.00
con:INVESTMENTS_PURCHASED0.000.000.000.000.000.000.000.00
con:INVESTMENTS_SOLD0.000.000.000.000.000.000.000.00
con:PPE_DISPOSALS240.0022.0022.0084.0027.00115.0067.00165.00
con:CF_INVESTING.SUBSIDIARIES_SOLD0.000.000.000.000.000.000.000.00
con:CF_INVESTING.SUBSIDIARIES_ACQUIRED0.000.000.000.000.000.000.000.00
con:CF_INVESTING.JV_SOLD0.000.000.000.000.003.000.000.00
con:CF_INVESTING.JV_ACQUIRED0.000.000.000.000.000.000.000.00

Who owns it

The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.

Holder2024-04-232024-05-212024-06-302024-07-192024-09-302024-12-312025-01-092025-03-312025-04-082025-06-302025-09-302025-12-312026-03-312026-06-30
Promoter and promoter group36.8738.1738.1737.1737.3237.3238.8038.8025.5725.570.260.260.260.26
Domestic institutions3.225.497.476.994.904.314.204.933.434.160.050.060.060.06
Mutual funds—————————3.880.050.050.060.06
Insurance companies0.420.420.430.690.660.470.420.350.240.230.000.000.000.00
Foreign institutions11.3912.1312.6712.7712.6910.179.8910.116.565.980.060.060.060.06
Government—————————49.000.490.490.490.49
Public63.1361.8361.8362.8362.6862.6861.2061.2074.4374.430.740.740.740.74
Non-institutional24.2520.4317.9119.9221.9525.0624.5123.5615.4515.300.150.140.140.13
Shares outstanding6648345673867878883772678788837726969969457669699816640696998166407139303500171393035001108343035001108343035001108343035001108343035001108343035001108343035001

Related parties

Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.

CounterpartyRelationshipTypeAmount in the periodTransactions
Indus Towers LimitedEntities having significant influeAny other transaction, Purchase of goods or services42,181,570,000.005
Vodafone Idea Telecom Infrastructure LimitedFellow SubsidiaryAny other transaction, Purchase of goods or services6,359,290,000.009
Vodafone Idea Business Services LimitedSubsidiaryAny other transaction, Purchase of goods or services1,480,030,000.006
Vodafone Idea Shared Services LimitedSubsidiaryAny other transaction, Purchase of goods or services979,330,000.0011
Vodafone Enterprise Global LimitedEntities having significant influePurchase of goods or services, Sale of goods or serv855,230,000.002
Vodafone Group Services LimitedEntities having significant influeAny other transaction, Purchase of goods or services539,890,000.007
Vodafone Idea Manpower Services LimitedSubsidiaryAny other transaction, Purchase of goods or services386,780,000.003
Vodafone Idea Communication Systems LimitedSubsidiaryAny other transaction, Purchase of goods or services242,880,000.006
You Broadband India LimitedSubsidiaryAny other transaction, Purchase of goods or services185,940,000.0010
Vodafone Roaming Services S.à r.l.Entities having significant influePurchase of goods or services, Sale of goods or serv136,920,000.002
Vodafone Idea Shared Services Limited Employees Group GratuiTrustAny other transaction128,420,000.001
Vodafone India Services Private LimitedEntities having significant influeAny other transaction96,980,000.002
Mr. Akshaya MoondraChief Executive OfficerRemuneration94,190,000.001
Vodafone Idea Technology Solutions LimitedFellow SubsidiaryAny other transaction, Purchase of goods or services85,880,000.008
Mr. Jagbir SinghWholly owned Subsidiary Company- NRemuneration74,040,000.001

What management said

Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.

DateQuarterWho spoke
2026-08-18Q1FY27VODAFONE IDEA LIMITEDRead the call
2026-05-25Q4FY26VODAFONE IDEA LIMITEDRead the call
2025-11-17Q2FY26Read the call
2025-08-25Q1FY26Read the call
2025-06-05Q4FY25Read the call
2025-02-19Q3FY25Read the call
2024-11-21Q2FY25Read the call
2024-09-30Q1FY25Read the call
2024-08-21Q1FY25Read the call
2024-05-24Q4FY24Read the call
2024-02-06Q3FY24Read the call
2023-11-04Q2FY24Read the call
2023-08-23Q1FY24Read the call
2023-06-02Q4FY23Read the call
2023-02-22Q3FY23Read the call
2022-11-10Q2FY23Read the call
2022-08-17Q1FY23Read the call
2022-05-17Q4FY22Read the call

Some earlier announcements under this heading are covering letters only — no transcript was attached.

What they said about it, quarter by quarter

TopicQ3FY23Q3FY24Q3FY25Q4FY22Q4FY23Q4FY24Q4FY25Q4FY26
CapexVodafone Idea Limited February 15, 2023 The CAPEX spends for the quarter stands at Rs.This helps Vodafone Idea Limited January 30, 2024 us in utilizing our capex effectively while ensuring that we continue to offer superior customer exp…Our first strategic initiative is our focused investment approach Post fund raise, our Capex investments are gathering significant momentum.This helps us in utilizing our capex effectively while ensuring that we continue to offer superior customer experience in these areas.This helps us in utilizing our capex effectively while ensuring that we continue to offer superior customer experience in these areas as our network i…This Equity funding and proposed bank facilities are to be utilised primarily towards capex over next 3 years which is expected to be in range of Rs.Therefore, to ensure a fair return on significant investments and support future capital expenditure in the telecom industry, further tariff increases…Can you help us understand how are we behaving in the areas or in the locations where we have added the network versus the areas we have not added the…
Capital allocation21.2 billion for Quarter 2 FY23. This is primarily due to higher charge on account of customer acquisition costs and higher network expenses which was…—The quality of acquisition and whatever can be done in that direction has been in focus area for us.—We have been focused on both the quality of our customer acquisition as I had alluded in the last call and also how to improve the renewal rate, so se…I mean one has to compete to get market share but this Vodafone Idea Limited May 17, 2024 through the high cost of customer acquisition route, if all …—one, customer acquisition; second, the quality of customer being acquired; and the third is on the base retention.
Costs—The first question I have is on the network cost provisions, so I know that the reported number is pre IndAS or rather post IndAS, so just wanted to u…So, some of the costs attributable to the higher cost on account of rollout may have been offset by the saving in energy costs also.The first one, Ravinder what is your view on the tariff outlook in the near term, considering the cost pressures that customers are facing during all …————
Debt and cashMurthy, could you tell us the net debt of the company after the government decides to exercise this and also the impact on the receivables that you ha…——Over the last several quarters, our network investments have been impacted on account of cash flow constraints in-spite of which we have managed to of…—For VIL, this has been beneficial as this clears part of its operational dues outside of operational cash flow and additional equity raise.—And the promoter infusion, will add to an already positive cash flow.
Demand—This is a new visually appealing medium for enterprises to reach their customers and has distinct feature benefits like: - Two way conversation from t…The demand for connectivity is surging across demographics, driven by diverse income groups, age segments, and evolving customer behavior.On the back of all the digital initiatives, just in a period of last three months we have witnessed considerable growth in our Monthly Average Users (…Snackable content as you all know has been in huge demand, which is ‘shorts’ or ‘reels’ that consumers can consume on the go in a very little time.The capex will be towards expanding 4G population coverage in 17 priority circles which contribute over 98% of our revenue and around 92% of Industry …Over the last decade, the wireless operators have made very large investments in acquiring spectrum and expansion of network infrastructure - be it 4G…—
GuidanceCould you tell us what is the status of the discussions you are having with banks and by when can we expect some of this loan that are due for payment…—So, those would be the ones next in line which we will give guidance somewhere by the time of the next earnings call.With this, we expect the conversion process to conclude in the coming weeks.Capex guidance we will be able to give once the funding is in place, but definitely we have plans to ramp up the capex mainly to bridge the 4G coverag…All required approvals are taken for this including shareholder approval and we expect it to close during this month.So, when we come to the next quarter, we will be able to provide some guidance there.—
MarginEBITDA for the quarter excluding IndAS 116 impact is Rs.Quarterly EBITDA excluding IndAS 116 improved by 6.8% on a year-on-year basis to 21.4 billion compared to Rs.The EBITDA excluding IndAS116 for the quarter was Rs.Adjusted for Ind AS 116 impact, EBITDA was Rs.EBITDA excluding 116 impact was up by 3.3% quarter- on-quarter at Rs.21.8 billion is highest quarterly EBITDA post merger.The EBITDA excluding IndAS116 for the quarter and for the financial year was Rs.But if you look at the cash cost, or look at the cash EBITDA, in the future you will see a little bit of inflation, but our efforts on efficiency will…
PeopleFirstly, could you provide your split of data which is going through your network between 3G- 4G and what is your peak network capacity utilization le…———————
PricingHaving said that I cannot right now comment on what would be the timing of the price increase but my personal view is that the price increase is requi…You may recollect that we had changed entry level pricing where the validity of Rs.The private mobile operators took a tariff hike in July 2024 after more than two years since last price increase, leading to improvements in ARPU and …For our users we have some discounted pricing post the free trials while they will continue to have free access of some of the interactive, gamified, …It goes without saying that the current tariffs are definitely not giving the adequate return on capital to anyone in the industry maybe you have not …That said, tariff rationalization on the higher usage plans and moving to a pricing structure of paying more for using more remains critical to ensure…The private mobile operators hiked tariff in July 2024 after more than two years since the previous price increase in November 2021, leading to improv…The industry pricing architecture over the next two-three years as that plays through and our own confidence on decreasing churn in circles where we h…
Revenue growth—142 in previous quarter; a QoQ growth of 2%.43.5 billion in Q3 FY24 a YoY growth of 8.3%.On equal day basis, this quarter we witnessed growth of 7.7% QoQ, highest since merger.124 in Q4FY22; growth of 9.3% YoY, highest among wireless operators.The reported EBIDTA for FY 24 stood at Rs 171.3 billion vis-à-vis Rs.168.2 billion for FY 23 registering a growth of 1.8% Capex spend for the quarter …—If you use the numbers we’ve shared before they translate to a double-digit revenue growth and the cash EBITDA number will be north of 35%.