IDEA

Vodafone Idea Limited submitted its Annual Secretarial Compliance Report for the Financial Year ended 31 March 2026. The report, issued by M/s Umesh Ved & Associates, Practicing Company Secretaries, confirms that the company has complied with applicable statutory provisions and good corporate practices under SEBI regulations. No significant non-compliances, regulatory actions, or resignation of statutory auditors were reported for the period.

Vodafone Idea reported Q4 FY26 revenue of ₹11,332 Cr (▲2.9% YoY) and EBITDA of ₹4,889 Cr (▲4.9% YoY), with an EBITDA margin improvement of 80 bps to 43.1%. Customer ARPU grew 8.3% YoY to ₹190, marking 19 consecutive quarters of growth. The company stabilized its subscriber base for the first time post-merger and received an ICRA BBB rating upgrade with a Positive outlook. The AGR liability was finalized at a reduced ₹64,046 Cr, leading to a Q4 FY26 net profit of ₹51,970 Cr due to an exceptional item. Management guided for sustained net customer additions, double-digit revenue growth, and 3x EBITDA over the next three years, backed by ₹45,000 Cr capex and promoter equity infusion.

Vodafone Idea Limited has disclosed that CRISIL Ratings Limited, on May 25, 2026, assigned a credit rating of 'CRISIL A - / Stable' for the company's Bank Facilities, amounting to Rs. 35,000 Crore.

Vodafone Idea Limited has entered into a Power Purchase Agreement and Share Purchase Agreement on May 20, 2026, to acquire not less than 26% equity share capital in MTK Quantum Green Energy Pvt. Ltd., a special purpose vehicle formed for a Captive Power Plant. The acquisition, costing Rs. 4,33,22,500/-, is aimed at complying with regulatory requirements under the Electricity Act, 2003, and procuring cost-effective renewable energy. The acquisition is expected to be completed in approximately 6 months.

Vodafone Idea Limited announced an EGM on June 11, 2026, to seek shareholder approval for issuing up to 430 crore warrants on a preferential basis to Suryaja Investments Pte. Ltd., a promoter group entity. The warrants will be issued for cash at ₹11 each, aggregating to ₹4,730 crore, and are convertible into one equity share within 18 months.

Vodafone Idea Limited announced that the audio recording of the analyst/investors call regarding the company's performance for the fourth quarter and financial year ended March 31, 2026, is now available on its website.

Vodafone Idea Limited announced the resignation of Mr. Arvind Nevatia from the position of Chief Enterprise Business Officer, effective on or before July 28, 2026, as he seeks external opportunities. Concurrently, the Board approved the appointment of Mr. M. P. Sunil Kumar as the new Chief Enterprise Business Officer, with effect from May 18, 2026.

Vodafone Idea Limited released its Quarterly Report for Q4 and FY ended March 31, 2026. The company reported 192.8 million subscribers, with approximately 67% on 4G/5G, as of March 31, 2026. It expanded 5G services to 83 cities in 17 priority circles and enhanced 4G population coverage to over 86%. The report also highlighted growth in digital offerings like Vi Movies & TV, Vi Finance, and Vi Shop, alongside strengthened enterprise services.

Vodafone Idea's Board approved the issuance of up to 430 crore warrants, convertible into equity shares, to Suryaja Investments Pte. Ltd. (a promoter group entity) at an issue price of Rs. 11 per warrant, aggregating Rs. 4,730 Crore, on a preferential basis. An Extra-ordinary General Meeting will be convened on June 11, 2026, to seek shareholder approval for this preferential issue.

Consolidated Revenue from Operations ₹11,332 Cr vs ₹11,015 Cr (▲2.9% YoY), EBITDA ₹4,889 Cr vs ₹4,661 Cr (▲4.9% YoY). PAT was a profit of ₹51,970 Cr compared to a loss of ₹(7,167) Cr in the prior year, primarily due to an exceptional gain of ₹57,491 Cr from the reduction of deferred payment obligation related to AGR dues. EBITDA Margin 43.1% vs 42.3% (▲80bps). The company reported a loss of ₹24,059 Cr before exceptional items and tax for the full fiscal year 2026, and its net worth stands at a negative ₹35,758 Cr.

Vodafone Idea Limited announced an analyst/investor call scheduled for Monday, May 18, 2026, at 2:30 p.m. IST. The call will discuss the company's financial performance for the fourth quarter and full financial year ended March 31, 2026. The CEO and CFO will participate in the conference call.

Vodafone Idea clarified a news article about Vodafone Group evaluating a shareholding transfer, stating no communication was received. The company also referred to an Amendment Agreement dated December 31, 2025, with its promoter group to resolve the Contingent Liability Adjustment Mechanism (CLAM). This agreement ensures the recoverability of approximately Rs. 5,836 Crore from Vodafone Group Promoters, with Rs. 2,307 Crore to be released over the next 12 months and a portion secured by 3.28 billion earmarked shares (valued at Rs. 3,529 Crore). This resolution strengthens the company's financial framework.