Vodafone Idea shares drop 4% on muted Q4 revenue growth, one-time gain in profit
Shares of Vodafone Idea fell as much as 4% to an intraday low of ₹12.47 on the NSE on Monday despite reporting a net profit of ₹51,970 crore for the FY26 March quarter. The profit was primarily driven by a one-time accounting gain related to the reassessment of AGR dues and recognition of the present value of future AGR payments. In the corresponding quarter last year, the company posted a net loss of ₹7,166 crore.
Revenue from operations stood at ₹11,332 crore, up 3% from ₹11,017 crore reported in Q4FY25, according to the company’s exchange filing. EBITDA for the quarter came in at ₹4,889 crore, reflecting a year-on-year (YoY) increase of 4.9%.
