# Vodafone Idea raises Rs 6,400 crore, posts narrower loss 2026-08-12T23:06:07+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 2 independent outlets Vodafone Idea has secured Rs 6,400 crore as the first tranche of funding from a consortium led by State Bank of India, CEO Abhijit Kishore said. The company reported a narrower net loss of Rs 3,754 crore for the first quarter of FY27, nearly halved from Rs 6,608 crore a year earlier, helped by an exceptional gain of Rs 1,611 crore and higher ARPU. Revenue grew 6% to Rs 11,689 crore. Vi recorded its first net subscriber addition since the 2018 merger, with a total base of 193.1 million. ARPU rose 10.2% to Rs 195. The company has placed Rs 9,000 crore in capex orders with Ericsson, Nokia and Samsung as part of a three-year Rs 45,000 crore plan. However, the company's networth stood at negative Rs 38,327 crore as of June 2026. ## Coverage - timesnownews.com - rediff.com Tags: AGR relief, fundraise, quarterly results, SBI, telecom, Vodafone Idea Canonical: https://indianopinion.org/vodafone-idea-secures-rs-6400-crore-from-sbi-led-banks/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/vodafone-idea-secures-rs-6400-crore-from-sbi-led-banks/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.