New Delhi. The second quarter has brought relief for Vodafone Idea. The company’s net loss declined to Rs 5,524 crore in the September 2025 quarter, compared to Rs 7,176 crore in the same period last year. This improvement is mainly due to 27% reduction in finance cost on bank loans and increase in average revenue per user (ARPU) due to tariff increase. However, the company is still heavily in debt and its future depends on government support and new fundraising.
Vodafone Idea said that by the September 2025 quarter, the loan taken from banks has come down to Rs 1,542 crore, which was Rs 3,250 crore last year. But the total debt on the company is still around Rs 2.02 lakh crore. This includes the outstanding amount of spectrum payment and AGR (Adjusted Gross Revenue), which is to be paid by the year 2044 and 2031. The company’s net worth is negative at Rs 82,460 crore and Vodafone Idea has suffered a loss of Rs 12,132 crore in the first half of the current financial year. The government holds 49% stake in the company, due to which there is hope in the market that the company may get some kind of relief from the government.
ARPU increased, but subscribers decreased
The company’s revenue increased by 2.4% to Rs 11,195 crore in the September quarter, which was Rs 10,932 crore a year ago. Average revenue per user (ARPU) has increased by 8.7% — now at ₹180 per user, a result of upgrades and tariff increases. However, the subscriber base continues to decline. From last year’s 20.5 crore, it has now come down to 19.6 crore. The good thing is that the number of postpaid users increased to 2.79 crore, which was 2.45 crore a year ago.
Expectations from data usage and 5G rollout
Average data usage on the company’s network has increased by 21% to 18.5 GB per user per month, which has been possible due to 5G services and 4G network expansion. CEO Abhijit Kishore said that the company has completed 5G rollout in 17 circles and is now preparing to increase 4G coverage from 84% to 90% of the population.
Debt negotiations and Supreme Court relief order
Vodafone Idea Chairman Ravinder Takkar said that the company’s ability to repay the loan will depend on how the Department of Telecommunications (DoT) re-reviews the AGR demand. The Supreme Court has recently allowed the government to reconsider the AGR demand, which may provide some relief to the company. The company said that it is discussing financing with banks to increase its capex in 2025-26 and work is underway on a capex plan of around ₹50,000-₹55,000 crore.
fall in shares
The company’s shares closed in the red on Monday. Shares of the company closed at Rs 9.53 on NSE today with a decline of 0.83 per cent. This share has increased by 21 percent in the last one year. At the same time, if seen in 5 years, it has caused a loss of 5 percent.
