Vodafone Idea Limited — Important, 11-02-2025: Updates

Revenue for the quarter reached ₹111.2 billion, reflecting a 1.7% quarter-over-quarter increase, driven by a 1.6% rise in customer revenue supported by recent tariff hikes. EBITDA stood at ₹47.1 billion, with cash EBITDA—excluding Ind AS 116 impact—hitting a record ₹24.5 billion, up 5.4% QoQ. The depreciation and amortization expenses were ₹56.3 billion, and net finance costs totaled ₹56.9 billion. Capex for the quarter was ₹32.1 billion, leading to total capex of ₹53.3 billion for the nine months. Debt from banks decreased by ₹52.9 billion, with a balance of ₹23.3 billion and cash reserves of ₹120.9 billion as of December 31, 2024.

Operationally, the customer base dropped to 199.8 million, with 63% being 4G/5G subscribers. The company expanded its 4G coverage significantly, now reaching over 1.07 billion people. Vi aims to hit 1.1 billion by March 2025 and plans to launch 5G services in major cities. Recent offerings include unlimited data plans and enhanced postpaid services, showing promising growth in customer engagement and satisfaction.