Vodafone Idea Limited (VI), one of India's leading telecom operators, is set to release its financial results for the second quarter of fiscal year 2026 on November 10, 2025. The company's Board of Directors will meet to approve the standalone and consolidated unaudited results for the quarter and half-year ended September 2025.

Earnings Call Details

Following the results announcement, VI has scheduled an earnings call for November 11, 2025, at 2:30 PM IST. The call will feature participation from senior management, including:

• Mr. Abhijit Kishore, Chief Executive Officer
• Mr. Tejas Mehta, Chief Financial Officer

Investors and analysts can join the conference call through pre-registration via DiamondPass™ or by dialing in directly with operator assistance.

Recent Financial Performance

In the previous quarter (Q1FY26), Vodafone Idea reported:

Stock Performance

Vodafone Idea's stock has shown significant movement recently:

As of the latest trading session on Friday, VI shares were trading at ₹9.51, up 2.59%.

Trading Window Closure

In compliance with regulatory requirements, Vodafone Idea has closed its trading window for insiders from October 1, 2025. The window will remain shut until November 12, 2025, two days after the financial results are announced.

Investors and market watchers will be keenly observing VI's Q2FY26 results, looking for signs of improvement in the company's financial health and any strategic initiatives to strengthen its market position in the highly competitive Indian telecom sector.

In a significant development for the Indian telecom sector, the Supreme Court of India has modified its October 27, 2025 order, providing relief to Vodafone Idea Ltd. in the long-standing Adjusted Gross Revenue (AGR) case. The amendment, made orally on November 3, comes as a response to a mention by senior advocate Mukul Rohatgi, representing Vodafone Idea.

Key Points of the Amendment

1. Liability Limitation: The court has limited the AGR claim against Vodafone Idea to additional demands raised up to the financial year 2016-17.

2. Reassessment Permitted: The amendment allows for reassessment and reconciliation of all AGR dues, including interest and penalty, up to FY 2016-17.

3. Partial Modification: The changes were made specifically to paragraph six of the original order, while all other parts of the October 27 order remain unchanged.

Implications for Vodafone Idea

This amendment could potentially provide significant relief to Vodafone Idea, one of India's leading telecom operators. By capping the liability period to FY 2016-17, the company may see a reduction in its overall AGR dues. However, the exact financial impact will only be clear after the reassessment and reconciliation process is completed.

Background on the AGR Issue

The AGR issue has been a contentious topic in the Indian telecom sector for several years. It revolves around the definition of AGR, on which telecom companies pay license fees and spectrum usage charges to the Department of Telecommunications (DoT).

Looking Ahead

While this amendment provides some clarity and potential relief for Vodafone Idea, the telecom sector will be watching closely as the reassessment process unfolds. The outcome could have far-reaching implications not just for Vodafone Idea, but for the entire telecom industry in India.

As the situation develops, stakeholders will be keen to see how this impacts Vodafone Idea's financial health and its ability to compete in the highly competitive Indian telecom market.