Vodafone Idea Posts ₹6,608-Crore Loss in June Quarter, ARPU Up 15%

Vodafone Idea Ltd. posted a net loss of ₹6,608 crore for April–June; widening from ₹6,432 crore a year ago but narrowing from ₹7,166 crore in the preceding March quarter.

Revenue from operations rose 5% on year to ₹11,022 crore from ₹10,508 crore, aided by higher average revenue per user (ARPU), which increased 15% to ₹177 from ₹154 in April-June 2024-25 on the back of subscriber upgrades and an improved mix.

EBITDA rose to ₹4,612 crore from ₹4,204 crore in the year-ago quarter, with margins improving to 41.8% from 40%. Finance costs climbed to ₹5,892 crore from ₹5,518 crore a year earlier but were lower than ₹6,471 crore in the March quarter. As of June 30, 2025, debt from banks stood at ₹19.3 billion and cash and bank balances at ₹68.3 billion, according to the company’s filing.

The company said subscriber losses fell sharply during the quarter, with just 0.5 million customers lost — around 90% lower than the 5 million decline recorded in July-September and October-December of the previous fiscal — marking its best performance since the merger. Total subscribers stood at 197.7 million, including 127.4 million 4G/5G users, up from 126.7 million a year earlier.

Vodafone Idea said its investments in expanding 4G coverage over the past three quarters have started delivering results. It spent ₹24.4 billion in capex during the quarter and maintained its broader capex plan of ₹500–550 billion, adding that it is in talks with lenders to secure debt financing.