Mumbai – Vodafone Idea reported a deeper net loss of ₹7,166.1 crore for the quarter ending March 31, 2025 (Q4 FY25), up from ₹6,609.3 crore in the previous quarter (Q3 FY25), according to its stock exchange filing.
Although the loss has narrowed compared to the same quarter last year — ₹7,674.6 crore in Q4 FY24 — the company’s financial position remains strained.
The telecom operator’s revenue from operations also dipped marginally, falling to ₹11,013.5 crore in Q4 FY25 from ₹11,117.3 crore in Q3 FY25 — a 0.93% decline. Total income dropped by 1.22% quarter-on-quarter to ₹11,228.3 crore.
Expenses, meanwhile, rose to ₹18,396.4 crore from ₹17,973.6 crore in the previous quarter — an increase of 2.35%.
While Vodafone Idea saw a year-on-year revenue growth of 3.8% in the quarter, it wasn’t sufficient to counterbalance its rising costs and financial pressure.
The company’s average revenue per user (ARPU) rose to ₹175 in Q4 FY25, up from ₹153 in Q4 FY24, supported by recent tariff hikes and customer upgrades.
Vodafone Idea’s full-year loss for FY25 stands at ₹27,383.4 crore. Its net worth is deeply negative at ₹70,320.2 crore, highlighting the severity of its financial distress.
The company also continues to grapple with a massive debt load. It owes ₹2,345.1 crore to banks and has deferred spectrum and adjusted gross revenue (AGR) liabilities totaling ₹1.95 lakh crore, payable over the next 20 years.
To tackle its financial woes, Vodafone Idea’s board has approved a fundraising plan of up to ₹20,000 crore, pending shareholder and regulatory approvals.
The company said it is also in ongoing discussions with the government seeking relief on its AGR dues, even after the Supreme Court recently rejected its plea for a waiver of interest and penalties.
Despite these challenges, Vodafone Idea said it is preparing its financial statements on a going-concern basis, expressing optimism that with government support, successful fundraising, and operational cash flows, it can continue its operations over the next financial year.
With inputs from IANS