Vodafone Idea Limited — quarter ended March 31, 2026 and year ended March 31, 2026 (audited; consolidated and standalone)
| Particulars | Quarter ended March 31, 2026 Refer Note 11 | Quarter ended December 31, 2025 Unaudited | Quarter ended March 31, 2025 Refer Note 11 | Year ended March 31, 2026 Audited | Year ended March 31, 2025 Audited |
|---|---|---|---|---|---|
| INCOME | |||||
| Service Revenue | 11,299 | 11,307 | 10,949 | 44,782 | 43,454 |
| Sale of Trading Goods | 4 | 1 | 2 | 7 | 2 |
| Other Operating Income | 29 | 15 | 64 | 84 | 116 |
| REVENUE FROM OPERATIONS | 11,332 | 11,323 | 11,015 | 44,873 | 43,572 |
| Other Income | 104 | 193 | 214 | 541 | 1,020 |
| TOTAL INCOME | 11,436 | 11,516 | 11,229 | 45,414 | 44,592 |
| EXPENSES | |||||
| Cost of Trading Goods | 4 | 1 | 2 | 6 | 2 |
| Employee Benefit Expenses | 583 | 603 | 551 | 2,337 | 2,232 |
| Network Expenses and IT Outsourcing Costs | 2,345 | 2,361 | 2,325 | 9,418 | 9,439 |
| License Fees and Spectrum Usage Charges | 974 | 970 | 928 | 3,851 | 3,696 |
| Roaming & Access Charges | 1,091 | 1,160 | 1,196 | 4,501 | 4,597 |
| Marketing, Content, Customer Acquisition & Service Costs | 1,194 | 1,159 | 1,206 | 4,718 | 4,592 |
| Finance Costs | 4,990 | 5,828 | 6,471 | 21,495 | 24,543 |
| Depreciation & Amortisation Expenses | 5,518 | 5,550 | 5,571 | 22,108 | 21,973 |
| Other Expenses | 252 | 252 | 148 | 1,039 | 888 |
| TOTAL EXPENSES | 16,951 | 17,884 | 18,398 | 69,473 | 71,962 |
| PROFIT/(LOSS) BEFORE SHARE IN PROFIT / (LOSS) OF JOINT VENTURE AND ASSOCIATES, EXCEPTIONAL ITEMS AND TAX | (5,515) | (6,368) | (7,169) | (24,059) | (27,370) |
| Add: Share in Profit/(Loss) of Joint Venture and Associates (net of tax) | * | * | 2 | * | 2 |
| PROFIT/(LOSS) BEFORE EXCEPTIONAL ITEMS AND TAX | (5,515) | (6,368) | (7,167) | (24,059) | (27,368) |
| Exceptional Items (net) (refer note 8) | 57,491 | 1,078 | – | 58,607 | – |
| PROFIT/ (LOSS) BEFORE TAX | 51,976 | (5,290) | (7,167) | 34,548 | (27,368) |
| Tax expense: | |||||
| – Current Tax | 8 | 3 | (5) | 11 | (3) |
| – Deferred Tax | (2) | (7) | 5 | (15) | 19 |
| PROFIT / (LOSS) AFTER TAX | 51,970 | (5,286) | (7,167) | 34,552 | (27,384) |
| Items not to be reclassified to profit or loss in subsequent periods: | |||||
| – Re-measurement gains / (losses) of defined benefit plans | 16 | 2 | (1) | 12 | (17) |
| – Income tax effect on re-measurement gains/ (losses) of defined benefit plans | * | * | * | * | * |
| TOTAL COMPREHENSIVE INCOME/(LOSS) | 51,986 | (5,284) | (7,168) | 34,564 | (27,401) |
| Paid up Equity Share Capital (Face value Rs. 10 per share) | 1,08,343 | 1,08,343 | 71,393 | 1,08,343 | 71,393 |
| Other Equity | (1,44,101) | (1,41,713) | |||
| Earnings Per Share for the period (Rs.) | |||||
| – Basic | 4.80 | (0.49) | (1.01) | 3.21 | (4.01) |
| – Diluted | 4.80 | (0.49) | (1.01) | 3.21 | (4.01) |
| Particulars | Quarter ended March 31, 2026 Refer Note 11 | December 31, 2025 Unaudited | March 31, 2025 Refer Note 11 | Year ended March 31, 2026 Audited | March 31, 2025 Audited |
|---|---|---|---|---|---|
| Revenue from Operations | 11,197 | 11,214 | 10,880 | 44,385 | 43,157 |
| Profit /(Loss) before Tax | 52,022 | (5,324) | (7,268) | 34,482 | (27,442) |
| Net Profit /(Loss) after Tax | 52,022 | (5,324) | (7,268) | 34,482 | (27,442) |
| Particulars | Quarter ended March 31, 2026 Refer Note 11 | December 31, 2025 Unaudited | March 31, 2025 | Year ended March 31, 2026 Audited | March 31, 2025 Audited |
|---|---|---|---|---|---|
| Reduction of deferred payment obligation related to AGR including impact of its discounting at present value (refer note 2) | 58,116 | – | – | 58,116 | – |
| Impact of Labour Code (refer note 6) | 58 | (159) | – | (101) | – |
| Provisions written back net of loss on remeasurement of Settlement assets (refer note 4) | (683) | 1,228 | – | 545 | – |
| Others | 9 | – | – | 47 | – |
| Total | 57,491 | 1,078 | – | 58,607 | – |
| Particulars | As at March 31, 2026 Audited | As at March 31, 2025 Audited |
|---|---|---|
| A. ASSETS | ||
| 1. Non-current Assets | ||
| Property, plant and equipment (including RoU Assets) | 64,240 | 56,196 |
| Capital work-in-progress | 1,454 | 2,472 |
| Intangible assets | 78,846 | 85,124 |
| Intangible assets under development | 13,820 | 15,741 |
| Investments accounted for using the equity method | .* | .* |
| Financial assets | ||
| – Other non-current financial assets | 3,356 | 728 |
| Deferred tax assets (net) | 17 | 12 |
| Other non-current assets | 8,029 | 6,555 |
| Sub-total non-current assets | 1,69,762 | 1,66,828 |
| 2. Current Assets | ||
| Inventories | 21 | 1 |
| Financial assets | ||
| – Current investments | 107 | – |
| – Trade receivables | 1,969 | 2,000 |
| – Cash and cash equivalents | 2,106 | 257 |
| – Bank balance other than cash and cash equivalents | 3,625 | 10,311 |
| – Other current financial assets | 2,131 | 6,926 |
| Current tax assets | 10 | – |
| Other current assets | 11,907 | 11,544 |
| Sub-total current assets | 21,876 | 31,039 |
| TOTAL – ASSETS | 1,91,638 | 1,97,867 |
| B. EQUITY AND LIABILITIES | ||
| 1. Equity | ||
| Equity share capital | 1,08,343 | 71,393 |
| Other equity | (1,44,101) | (1,41,713) |
| Sub-total equity | (35,758) | (70,320) |
| 2. Non-Current Liabilities | ||
| Financial liabilities | ||
| – Long term borrowings | ||
| — Loans from banks and others | 3,275 | – |
| — Deferred payment obligations | 1,42,473 | 1,82,768 |
| Lease liabilities | 36,221 | 29,217 |
| Trade payables | – | .* |
| Other non-current financial liabilities | 5,293 | 136 |
| Long term provisions | 54 | 5 |
| Deferred tax liabilities (net) | 8 | 17 |
| Other non-current liabilities | 383 | 430 |
| Sub-total non-current liabilities | 1,87,707 | 2,12,573 |
| 3. Current Liabilities | ||
| Financial liabilities | ||
| – Short term borrowings | ||
| — Loans from banks and others | 726 | 2,326 |
| — Deferred payment obligations | 2,981 | 11,202 |
| Lease liabilities | 6,852 | 7,716 |
| Trade payables | 8,826 | 10,747 |
| Other current financial liabilities | 14,431 | 14,810 |
| Other current liabilities | 5,597 | 8,480 |
| Short term provisions | 17 | 74 |
| Current tax liability (net) | 259 | 259 |
| Sub-total current liabilities | 39,689 | 55,614 |
| TOTAL – EQUITY AND LIABILITIES | 1,91,638 | 1,97,867 |
| Particulars | For the year ended March 31, 2026 Audited | For the year ended March 31, 2025 Audited |
|---|---|---|
| Operating activities | ||
| Profit / (Loss) before tax | 34,548 | (27,368) |
| Adjustments to reconcile loss before tax to net cash flows | ||
| Share of profit/(loss) of joint venture and associates | * | (2) |
| Depreciation of property, plant and equipment (including RoU Assets) | 13,175 | 13,394 |
| Amortisation of intangible assets | 8,933 | 8,580 |
| Gain on disposal of property, plant and equipment and intangible assets (net) | (144) | (78) |
| Exceptional Items (net) (refer note 8) | (58,607) | – |
| Finance costs | 21,495 | 24,543 |
| Bad debts / advances written off | 126 | 153 |
| Allowance for doubtful debts and advances | 108 | (50) |
| Liabilities no longer required written back | (44) | (111) |
| Interest income | (506) | (970) |
| Gain on Mutual Funds (including fair value gain/(loss)) | (35) | (19) |
| Profit on sale of Equity Instruments | – | (1) |
| Working capital adjustments | ||
| (Increase)/Decrease in trade receivables | (162) | 103 |
| (Increase)/Decrease in inventories | (20) | .* |
| Decrease/(Increase) in other financial and non-financial assets | 1,847 | (5,082) |
| (Decrease) in trade payables | (979) | (3,441) |
| (Decrease) in other financial and non-financial liabilities | (733) | (837) |
| Cash flows from operating activities | 19,002 | 8,814 |
| Income tax refund (including TDS) (net) | 409 | 476 |
| Net cash flows from operating activities | 19,411 | 9,290 |
| Investing activities | ||
| Payment towards property, plant and equipment and intangible assets (including Capital work in progress and intangible assets under development) | (10,979) | (10,004) |
| Payment towards Spectrum – Upfront payment | – | (331) |
| Payment of Deferred Payment obligation towards Spectrum | (589) | (504) |
| Proceeds from sale of property, plant and equipment and intangible assets | 165 | 115 |
| Proceeds from sale of Asset held for sale (leasehold land) | – | 55 |
| Proceeds from sale of stake in Firefly Networks Limited (Joint Venture) | – * | 3 |
| Payment towards purchase of stake in associates | -* | – |
| Net (purchase)/sale of current investments | (72) | 19 |
| Interest received | 820 | 452 |
| Maturity/(Placement) for Fixed deposits with banks having original maturity of 3 to 12 months (Net) | 4,551 | (6,053) |
| Net cash flows (used in) investing activities | (6,104) | (16,248) |
| Financing activities | ||
| Proceeds from issue of equity shares through Further Public Offer (net of share issue expenses) | – | 17,696 |
| Payment of share issue expenses towards issue of equity share capital | (2) | – |
| Proceeds from issue of equity shares through preferential issue (net of share issue expenses) | – | 6,441 |
| Payment of interest and finance charges (¹) | (2,780) | (2,090) |
| Proceeds from issue of non convertible debentures (net of issue expenses of Rs. 29 Cr) | 3,271 | – |
| Repayment of long term borrowings | (1,600) | (1,711) |
| Payment of Deferred Payment obligation relating to AGR | (124) | – |
| Proceeds from short term borrowings | – | 1,000 |
| Repayment of short term borrowings | – | (1,000) |
| Payment of lease liabilities (including interest) | (10,223) | (13,289) |
| Net cash flows generated (used in) / generated from financing activities | (11,458) | 7,047 |
| Net increase in cash and cash equivalents during the year | 1,849 | 89 |
| Cash and cash equivalents at the beginning of the year | 257 | 168 |
| Cash and cash equivalents at the end of the year | 2,106 | 257 |
| Particulars | Quarter ended March 31, 2026 Refer Note 10 | December 31, 2025 Unaudited | March 31, 2025 Refer Note 10 | March 31, 2026 Audited | March 31, 2025 Audited |
|---|---|---|---|---|---|
| INCOME | |||||
| Service Revenue | 11,180 | 11,205 | 10,822 | 44,340 | 43,045 |
| Sale of Trading Goods | * | * | * | * | * |
| Other Operating Income | 17 | 9 | 58 | 45 | 112 |
| REVENUE FROM OPERATIONS | 11,197 | 11,214 | 10,880 | 44,385 | 43,157 |
| Other Income | 108 | 199 | 218 | 564 | 1,026 |
| TOTAL INCOME | 11,305 | 11,413 | 11,098 | 44,949 | 44,183 |
| EXPENSES | |||||
| Cost of Trading Goods | * | * | * | * | * |
| Employee Benefit Expenses | 529 | 547 | 498 | 2,115 | 2,018 |
| Network Expenses and IT Outsourcing Costs | 2,489 | 2,511 | 2,441 | 10,023 | 9,911 |
| License Fees and Spectrum Usage Charges | 973 | 969 | 927 | 3,845 | 3,689 |
| Roaming & Access Charges | 1,091 | 1,160 | 1,196 | 4,501 | 4,597 |
| Marketing, Content, Customer Acquisition & Service Costs | 1,168 | 1,148 | 1,216 | 4,697 | 4,624 |
| Finance Costs | 4,873 | 5,804 | 6,462 | 21,325 | 24,530 |
| Depreciation & Amortisation Expenses | 5,354 | 5,403 | 5,444 | 21,509 | 21,411 |
| Other Expenses | 294 | 277 | 182 | 1,136 | 987 |
| TOTAL EXPENSES | 16,771 | 17,819 | 18,366 | 69,151 | 71,767 |
| PROFIT/(LOSS) BEFORE EXCEPTIONAL ITEMS AND TAX | (5,466) | (6,406) | (7 |