In short: Vodafone Idea reports Q2 FY27 results on 12 November 2026. In Q1 FY27, revenue rose 6.0% to ₹11,689 crore from a year earlier, and the net loss was ₹3,754 crore. Things to watch: subscribers and ARPU, capex and network and debt and dues.
What to watch in Vodafone Idea's Q2 FY27 results
- Subscribers and ARPU. Subscribers rose to 193.1 million at the end of June from 192.8 million in March, which Vodafone Idea calls its first quarter of net additions since the 2018 merger. Customer ARPU (average revenue per user, excluding machine-to-machine connections) was ₹195 a month, against ₹190 in the March quarter and ₹177 a year earlier, a rise of 10.2%. The number of 4G/5G subscribers rose to 130.1 million from 127.4 million a year earlier.
- Capex and network. Capital expenditure fell to ₹1,930 crore in Q1 from ₹2,444 crore a year earlier, which CFO Tejas Mehta put down to supply-side issues arising from geopolitical constraints. The company says it has placed ₹9,000 crore of capex orders, including the Q1 spend, with Ericsson, Nokia, Samsung and other partners, out of a three-year plan of ₹45,000 crore. Its 4G population coverage rose to 87.0% at the end of June from 84.1% a year earlier.
- Debt and dues. In the notes to its Q1 results, Vodafone Idea reported deferred payment obligations, including accrued interest, of ₹1,30,299 crore for spectrum and ₹25,759 crore for AGR (adjusted gross revenue) at the end of June, with ₹9,259 crore due by June 2027. Bank debt fell to ₹211 crore from ₹1,926 crore a year earlier, and cash and bank balances were ₹6,558 crore. The company says it has secured ₹6,400 crore of funding, including warrants, and is still in talks with lenders.
- Management guidance. On the Q1 call, CEO Abhijit Kishore said the company intended to deploy the capex already ordered within two quarters, adding about 3,500 sites a month on 4G, and to take 5G to another 200-plus cities in that time. He reiterated guidance to triple cash EBITDA (EBITDA less lease rentals) in three years from about ₹9,200 crore in FY26, with revenue growing around 16.8% a year. He said Vodafone Idea was hopeful of closing talks with public sector banks led by State Bank of India.
Vodafone Idea Q1 FY27 results at a glance
- Revenue from operations was ₹11,689 crore, up 6.0% from a year earlier and up 3.2% from the previous quarter.
- Net loss was ₹3,754 crore, against a loss of ₹6,608 crore a year earlier and a profit of ₹51,970 crore in the previous quarter.
- EBITDA was ₹5,034 crore, up 9.2% from a year earlier and up 3.0% from the previous quarter.
| Metric | Q1 FY27 | Q4 FY26 | Q1 FY26 | QoQ | YoY |
|---|---|---|---|---|---|
| Revenue (₹ crore) | 11,689 | 11,332 | 11,023 | +3.2% | +6.0% |
| EBITDA (₹ crore) | 5,034 | 4,889 | 4,612 | +3.0% | +9.2% |
| Net profit (₹ crore) | −3,754 | 51,970 | −6,608 | – | – |
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Vodafone Idea Q2 FY27 results: questions
When will Vodafone Idea announce Q2 FY27 results?
Vodafone Idea Limited reports results for the quarter ended 30 September 2026 on 12 November 2026.
What time is the Vodafone Idea earnings call?
The earnings call is at 2:30 pm IST on 13 November 2026, the day after the results.
What were Vodafone Idea's results last quarter?
In Q1 FY27, revenue from operations was ₹11,689 crore (+6.0% YoY) and the net loss was ₹3,754 crore (against a loss of ₹6,608 crore a year earlier).
Other Q2 FY27 results
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- Titan Q2 FY27 results · 5 November 2026 · net profit +113.7% YoY
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- ONGC Q2 FY27 results · 5 November 2026 · net profit +55.3% YoY
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- Tata Steel Q2 FY27 results · 7 November 2026 · net profit +18.2% YoY
- Tata Power Q2 FY27 results · 11 November 2026
- HAL Q2 FY27 results · 12 November 2026
- Vodafone Idea Q2 FY27 results · 12 November 2026
- Tata Motors PV Q2 FY27 results · 13 November 2026
All Q2 FY27 results in one place
Sources
- Vodafone Idea: Q1 FY27 results and press release, 10 August 2026
- Vodafone Idea: Q1 FY27 quarterly report, 10 August 2026
- Vodafone Idea: Q1 FY27 earnings call transcript, 18 August 2026
- Vodafone Idea: investor presentation, 15 September 2026
- Vodafone Idea: Q2 FY27 earnings call on 13 November 2026, 4 November 2026
- Vodafone Idea: board meeting on 12 November 2026, 3 November 2026
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