Vodafone Idea shares jump 3% after Q2 loss narrows, ARPU grows
Vodafone Idea shares jumped 2.62% to their intraday high of ₹9.76 on the BSE in early trade on Tuesday, November 11, after the telecom operator reported a narrowing of its consolidated net loss for the September quarter of FY26. The net loss reduced to ₹5,524 crore, compared to ₹7,176 crore in the same quarter a year earlier. The company attributed the loss to its owners.
Vodafone Idea reported a rise in its customer Average Revenue Per User (ARPU) as well. The ARPU (excluding M2M users) grew to ₹180 in Q2FY26, compared to ₹166 in Q2FY25. This marks an 8.7% year-on-year increase.
The company also posted a 2.4% year-on-year increase in revenue from operations. Revenue stood at ₹11,194 crore in Q2FY26, up from ₹10,932 crore in the same period last year.
Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) for the quarter stood at ₹4,685 crore, up from ₹4,550 crore reported in Q2FY25. The EBITDA margin for the period was recorded at 41.9%, compared to 41.6% in the year-ago period, representing a 30 basis points increase.
Cash EBITDA (pre-IndAS 116) came in at ₹2,246 crore in Q2FY26, down from ₹2,324 crore in Q2FY25.
In terms of network and subscriber base, the company reported a 4G/5G subscriber base of 127.8 million, compared to 125.9 million in Q2FY25. The company stated that its 4G network now covers 84.4% of the population. Additionally, 4G data capacity grew by 38% and 4G data speeds increased by 17% versus March 2024.
