Vodafone Idea announced its first-quarter results for FY27, highlighting a 6.0% year-over-year revenue growth to ₹11,689 crore. EBITDA also saw a substantial 9.1% increase, reaching ₹5,034 crore. The company achieved its first quarter of positive net subscriber addition since the merger and saw its ARPU grow by 10.2%. Investments in 5G expansion and network upgrades continue.
Vodafone Idea Reports Strong Q1 FY27 Performance
Vodafone Idea Limited (Vi) has announced robust financial results for the first quarter of the fiscal year 2027 (Q1FY27), ending June 30, 2026. The company recorded a 6.0% year-over-year increase in revenue from operations, amounting to ₹11,689 crore. This growth was complemented by a significant 9.1% rise in EBITDA, which reached ₹5,034 crore for the quarter.
Key Financial and Operational Highlights
The financial performance underscores the positive impact of the company’s strategic focus on revenue and subscriber growth. Vi achieved its first quarter of positive net subscriber addition since its merger, indicating a strengthening customer base. The Average Revenue Per User (ARPU) also saw a healthy increase of 10.2% year-over-year, reaching ₹195, which is noted as the highest in the industry.
Further enhancing its operational capabilities, the company has expanded its 5G network to over 200 cities. Investments in network infrastructure include adding new 4G sites and upgrading core transmission networks. The 4G population coverage has increased to 87.0%.
Strategic Initiatives and Future Outlook
Vodafone Idea continues to focus on enhancing customer experience through strategic partnerships, including one with Spotify for premium music streaming. The company is also undertaking significant capital expenditure, with orders worth ₹9,000 crore placed for its 3-year capex guidance. Discussions with lenders are ongoing to secure further funding, reflecting confidence in the company’s future trajectory and its ability to meet financial obligations.
Source: BSE
