Vodafone Idea Limited (VIL), one of India's leading telecom service providers, recorded a significant block trade on the National Stock Exchange (NSE) worth Rs. 16.33 crores. The transaction involved approximately 16,155,631 shares changing hands at a price of Rs. 10.11 per share.

This block trade comes at a time when Vodafone Idea is navigating through a challenging financial landscape. According to the company's recent financial results:

Financial Performance

• Revenue for the quarter stood at Rs. 111.90 billion, showing a year-over-year growth of 2.4%.
• The company reported a Cash EBITDA (pre-IndAS 116) of Rs. 22.50 billion.
• Customer ARPU (Average Revenue Per User), excluding M2M, increased to Rs. 180, up from Rs. 166 in the same quarter of the previous year, representing an 8.7% growth.

Operational Highlights

• VIL's 4G/5G subscriber base reached 127.8 million, up from 125.9 million in the previous year.
• The company expanded its 4G network coverage to 84.4% of the population.
• Vodafone Idea has completed 5G rollout in all 17 priority circles where it holds 5G spectrum.

Debt and Liquidity

• Vodafone Idea's debt from banks reduced to Rs. 15.30 billion.
• The company held a cash and bank balance of Rs. 30.80 billion.

Abhijit Kishore, CEO of Vodafone Idea Limited, commented on the company's progress, stating, "We continue to make steady progress towards our strategic intent of delivering superior customer experience. We expanded our 4G coverage to over 84% of population and completed the 5G rollout in all 17 circles where we hold 5G spectrum."

The block trade, occurring amidst these developments, may signal investor interest in the telecom giant's ongoing efforts to strengthen its market position and financial health. However, it's important to note that block trades can be influenced by various factors and do not necessarily indicate a broader market trend.

Vodafone Idea continues to focus on expanding its 4G coverage to 90% of the population and growing its 5G footprint in areas with increasing 5G handset adoption. The company remains engaged with lenders to secure debt financing to support its broader capex plans of Rs. 500–550 billion.

As Vodafone Idea navigates its financial challenges and invests in network expansion, market observers will be keenly watching how these efforts translate into improved financial performance and market share in the highly competitive Indian telecom sector.

Vodafone Idea Limited (Vi), one of India's leading telecom operators, has reported its financial results for the quarter ended September 2025, showing signs of improvement amid ongoing challenges. The company's efforts to expand its network coverage and introduce new services have resulted in revenue growth and a reduced net loss.

Financial Performance

Vi reported a consolidated revenue of ₹11,194.00 crore for the quarter, marking a 1.6% quarter-on-quarter growth. The company's net loss narrowed to ₹5,524.00 crore, a significant improvement from ₹6,608.00 crore in the previous quarter. This reduction in losses, the lowest in 19 quarters, comes as a positive sign for the telecom operator.

The company's EBITDA (Earnings Before Interest, Tax, Depreciation, and Amortization) rose to ₹4,684.50 crore, up 1.6% quarter-on-quarter. The EBITDA margin also saw a slight expansion, reaching 41.9%.

Key Performance Indicators

Vi's operational metrics showed mixed results:

• Average Revenue Per User (ARPU) increased to ₹180.00, up from ₹166.00 a year earlier, representing an 8.4% year-on-year growth.
• The total subscriber base stood at 196.7 million, with 65% being 4G/5G users.
• Capital expenditure for the quarter was ₹1,750.00 crore.

Network Expansion and 5G Rollout

Vi has made significant strides in expanding its network coverage and introducing 5G services:

• 4G population coverage increased to over 84% as of September 2025, up from approximately 77% in March 2024, with plans to reach 90%.
• 5G services have been rolled out in all 17 priority circles where Vi holds 5G spectrum, covering 29 cities since launching in March 2025.
• The company added over 1,500 new 4G towers during the quarter, bringing the total broadband sites to approximately 527,000.

Outlook

While Vi has shown improvement in its financial performance and network expansion, the company still faces challenges in terms of its overall debt and the need for additional funding to support its growth plans. The ongoing expansion of 4G and 5G services, along with the focus on improving ARPU, will be crucial factors in determining Vi's future trajectory in the highly competitive Indian telecom market.

Shares of Vodafone Idea closed at ₹9.51, up 1.04%, reflecting cautious optimism in the market regarding the company's performance.