Vodafone Idea Q1 Results: Cons loss widens YoY to Rs 6,608 crore, revenue up 5%; ARPU at Rs 177

Vodafone Idea widened its net losses to Rs 6,608 crore in the June ended quarter versus Rs 6,432 crore reported in the year ago period. The revenue from operations increased 5% to Rs 11,023 crore in Q1FY25 compared to Rs 10,508 crore reported in the corresponding quarter if the last financial year.

Customer Average Revenue Per User (ARPU) for the quarter stood at Rs 177 versus Rs 154 in Q1FY25 which was a YoY growth of 15%.

The telecom company's Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) for the quarter under review stood at Rs 4,612 crore versus Rs 4,205 crore in the year ago period, up 10%. The EBITDA margin stood at 41.8%, 180 bps higher from 40% reported in the same quarter of FY25.


The loss narrowed on a sequential basis from Rs 7,166 crore in Q4FY25 while the topline was flat on a QoQ basis.

Vodafone launched 5G services in 22 cities across 13 circles while its 4G expansion continues. The company said that its strategic investments paid-off as subscriber loss shrinks by 90%.

Key takeaways

• Cash EBITDA for the quarter (pre-Ind AS 116) of Rs 2,180 crore, a growth of 3.7% on YoY basis.
• 4G/5G subscriber base increased to 127.4 million versus 126.7 million in Q1FY25. 4G population coverage increased to 84% of population while 4G data capacity increased by 36% and 4G speeds increased by 24% versus March 2024.
• Strategic partnership with AST SpaceMobile to bring direct-to-device satellite broadband connectivity in the remote areas where there are no terrestrial networks.

Vodafone Idea Q1 debt

The debt from banks is further reduced to Rs 19.3 billion as on June 30, 2025.

Management commentary

Commenting on company's earnings, CEO Akshaya Moondra called Q1 a decisive turnaround quarter. "The investments made over the past three quarters to expand our 4G coverage have started yielding results, as reflected in the 90% lower subscriber loss compared to Q2 and Q3 of last financial year, being the lowest subscriber decline since merger. Our 5G services are now operational in 22 cities across 13 circles, and we are committed to systematically expanding our 5G footprint, in line with growing 5G handset adoption," he said.

He said that the company feels encouraged by the momentum across its core business metrics while the data consumption hit a record high driven by the success of our SuperHero and Non-stop SuperHero plans.

"With a solid foundation in place, we are well positioned to seize emerging growth opportunities in the industry. We continue to invest in capex and to support our broader capex plans of Rs. 500–550 billion, we remain engaged with lenders to secure debt financing,” the CEO said.