Now Reading: Vodafone Idea Q2 loss widens to Rs 5,975 crore, revenue up 6%
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Vodafone Idea Q2 loss widens to Rs 5,975 crore, revenue up 6%
The Story in Brief
Vodafone Idea Ltd reported a consolidated net loss of Rs 5,975 crore for the September 2026 quarter (Q2FY27), widening from a loss of Rs 5,524 crore a year ago, according to multiple reports. The bottom line was weighed down by an exceptional loss of Rs 462 crore from mark-to-market remeasurement of settlement assets, while the preceding quarter had an exceptional gain of Rs 1,611 crore, CNBC-TV18 and BusinessLine report.
Revenue from operations rose 6.2% year-on-year to Rs 11,884 crore. Average revenue per user improved to Rs 198 per month, up 10% annually and 4.2% sequentially, BusinessLine reports. CNBC-TV18 puts ARPU at Rs 180, while the Economic Times reports Rs 198. EBITDA was Rs 4,981 crore, up 6.3% annually but down 1.1% sequentially.
Vodafone Idea added net subscribers to reach 194.4 million by quarter-end. It expanded 5G coverage to 400 cities and added nearly 9,000 broadband towers, its highest quarterly addition in nine quarters. CEO Abhijit Kishore said the company has placed capex orders over Rs 13,200 crore, with nearly Rs 6,000 crore executed, and remains confident of placing additional orders as funding discussions progress.
Update, 12 November 2026: BusinessLine reports the adjusted loss excluding the exceptional item stood at Rs 5,513 crore, and notes that the total subscriber base declined by about 2.3 million on an annual basis to 194.4 million. It puts average revenue per user at Rs 198, while CNBC-TV18 reports Rs 180. All three outlets confirm the exceptional loss of Rs 462 crore, 5G coverage in 400 cities, and nearly 9,000 broadband towers added.
Indian Opinion Analysis
All three outlets report uniform facts on Vodafone Idea's Q2FY27 results: a net loss of around Rs 5,975 to 5,979 crore, revenue of Rs 11,884 crore, and CEO Abhijit Kishore's statement on execution and network expansion. The Economic Times leads with the company's strategic focus on network expansion and subscriber gains, while CNBC-TV18 and BusinessLine both highlight the exceptional loss of Rs 462 crore from mark-to-market remeasurement weighing on the bottom line. BusinessLine notes the adjusted loss excluding the exceptional item stood at Rs 5,513 crore. All three confirm capex orders exceeding Rs 13,200 crore, with nearly Rs 6,000 crore executed. Coverage is largely neutral wire-style reporting with minor differences in sequence and detail emphasis. The key open item is the progress of funding discussions, which CEO Kishore said would sustain additional capex orders.
Coverage: 3 sources, 3 neutral
Sources (3): economictimes.indiatimes.com (neutral report), cnbctv18.com (neutral report), thehindubusinessline.com (neutral report)
This brief was synthesised by AI from the 3 sources linked above, so one read covers every framing they carry. Methodology and corrections.
