Vodafone Idea Limited — Investor Meet, 17-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Vodafone Idea's Q2 FY26 financial results: revenue Rs. 11,190 Cr (+2.4% YoY). Reported EBITDA Rs. 4,690 Cr (+3% YoY, 41.9% margin). Cash EBITDA Rs. 2,250 Cr (-3.4% YoY), with margins improving 30 bps to 21.1%. ARPU reached Rs. 180 (+8.7% YoY). Q2 capex was Rs. 1,750 Cr, expanding 5G to 29 cities & 4G coverage to 84%. Full-year capex target is Rs. 7,500-8,000 Cr, funded internally. Discussions ongoing for larger debt funding & ~Rs. 79,000 Cr AGR dues. Focus remains on network expansion & customer engagement for subscriber growth.