Vodafone Idea Limited — Investor Meet, 25-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Vodafone Idea's Q1 FY26 revenue hit Rs. 11,020 Cr (+4.9% YoY), with cash EBITDA at Rs. 2,180 Cr (+3.7% YoY). ARPU grew 14.9% to Rs. 177. Capex was Rs. 2,440 Cr, expanding 4G coverage to 84% and 5G to 22 cities. Subscriber loss fell to 0.5 million, adding 1 million 4G users. Key wins include a 5 million smart meter IoT contract. Management is focused on becoming a 'Techco' with new digital offerings like 'Vi Finance'. They are confident of continued subscriber improvement, actively seeking Rs. 50,000-55,000 Cr funding for network expansion, exploring non-banking options amidst ongoing discussions with banks.