Interim report
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10 August 2026 National Stock Exchange of India Limited “Exchange Plaza”, Bandra - Kurla Complex, Bandra (E), Mumbai – 400 051 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 Dear Sirs, Sub: Outcome of Board Meeting – Financial Results and Disclosure under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 Ref: “Vodafone Idea Limited” (IDEA / 532822) Pursuant to Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Unaudited Financial Results (Standalone and Consolidated) of the Company for the first quarter ended 30 June 2026, together with the Limited Review Report of the Statutory Auditors’ thereon. The aforesaid results have been approved by the Board of Di rectors of the Company at their meeting held today, which commenced at 4:00 P.M. and concluded at 6:00 P.M. A copy of Press Release being issued in this regard is also attached herewith. The above is for your information and dissemination to the public at large. Thanking you, Yours truly, For Vodafone Idea Limited Pankaj Kapdeo Company Secretary Encl: As above
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S.R. BATLIBOI & ASSOCIATES LLP 12th Floor, The Ruby 29 Senapati Bapat Marg Dadar ( West) Chartered Accountants Mumbai - 400 028, India Tpl + □ J 2268 198000 Independent Auditor 's Review Report on the Quarterly Unaudited Consolidated Financial Results of the Company Pursuant to the Regulation 33 of the SEB I (Listing Obligations and Disclosure Requirements) Regulation s, 2015 , as ame nded Review Report to The Board of Directors Vodafone Idea Limited I. We have reviewed the accompany ing Statemen t of Unaudited Consol idated Financial Results of Vodafone Idea Limited (the '·Holding Company'· or '·the Company ") and its subsid iaries (the Holding Compan y and its subsidiar ies together referred to as ·'the Group'') and its associates for the quarter ended June 30, 2026 (the ··Statemenf ') attached herewith. being s ubmitted by the Holdin g Com pany pursuant to the requiremen ts of Regulation 33 of the SEB I (Listing Obligations and Disclosure Requirements) Regulations , 20 I 5, as amended (the "List ing Regulations"). 2. The Holdin g Company·s Management is respons ible for the preparation of the Statement in accordance with the recognition and measurement princip les laid down in Indian Accou nting Standard 34, (Ind AS 34) '·Interim Financ ial Repo rting"' prescribed under Section 133 of the Companie s Act. 20 13 as amended. read with relevant rules issued thereunder and other accounting principles generally accepted in India and in complia nce with Regulation 33 of the Listing Regulations. The Statement has been approved by the Holdin g Company 's Board of Directo rs. Our responsi bility is to express a conclusion on the Statemen t based on our review. 3. We conducted our review of the Statement in accordance with the Standa rd on Review Engagemen ts (S RE) 2410. '·Review of Interim Financial Information Performed by the Indepen dent Aud itor of the Entity" issued by the Inst itute of Chartered Accountants of India. This standard require s that we plan and perform the review to obtain moderate assu rance as to whether the Statement is free of material misstatement. A review of inter im financial information consists of mak ing inqu iries. primarily of persons responsib le for financial and accoun ting matters, and applying analytical and other review procedures . A revie,v is substan tially less in scope than an audit conduc ted in accorda nce with Standard s on Aud iting and consequently does not enab le us to obtain ass urance that we would become aware of all significant matters that might be identified in an audit. Acco rdin gly. we do not express an audit opinion . \Ve also perfom1ed procedures in accordance with the Master Circular issued by the Sec urities and Excha nge Board of India under Regulation 33(8) of the Listing Regulations. to the extent appl icable . 4. The Statement includes the result s of the enti ties as referred to in the A nnexure. 5. Based on our review conduct ed and procedures performed as stated in paragrap h 3 abov e, nothin g has come to our attention that cause s us to believe that the accompanying Sta tement. prepared in acco rdance with recognition and measurement principles laid down in the afo resaid Indian Accoun ting Standa rds (' Ind AS.) specified under Section 133 of the Companies Act. 20 13, as ame nded. read w ith relevan t rules issued thereunder and other accounting principles generall y accepted in India, has not disclosed the information requ ired to be disclosed in terms of the Listing Regulations. including the manner in which it is to be disclosed , or that it contains any material missta teme nt. S.R. Batuoo1 & Associates LLP, a Limi ted L1ab1l1ty Partnership with _LP Identity No. AAS-4295 Reqd. Ollice: .?2, Camac SI reel. Block 'B', 3rd F,oor. Kolkata·700 016
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S.R. BATLIBOI & ASSOCIATES LLP Chartered Accountants 6. The accompanying Statement of unaudited consolidated financial re ult includes the Group' share of net loss and total comprehensive loss of Rs. 0.0 I Crore for the quarter ended June ~o, 2026, as considered in the unaudited consolidated financ ial results in respect of an associate, based on its interim financial re ults reviewed by their independent auditor. 7. The accompanying Statement of unaudited consolidated financial results include the Group's share of net loss and total comprehensive loss of Rs. NIL for the quaite r ended June 30. 2026, a considered in the unaudited con olidated financial results in respect ofa n associate, based on its interim financial results which have not b en reviewed by any auditor. These unaudited interim financial results and other unaudited financial information ha e been approved and furnished to us by the Management. Our conclusion in so far as it re lat s to the affairs of the associate. is based solely on such unaudited interim financial results and other unaudited financial in formation. Accord ing to the infom, ation and xplanations given to us by the management, these interim financial results are not material to the Group. Our conclusion is not modified with respect of this matter. For S.R. Batliboi & Associates LLP Chartered Accountants ICAl Firm registration number: 101049W/E300004 pe1 Hormuz Eruch Master Partner Membership o.: 110797 UDI : 26 1 l0797LIT HG::2::261 Place: Mumbai Date: August I 0. 20::26 / I -I !LUMBA _ ... __ i''.\ IJ 4CCC\I•• ~
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S.R. BATLIBOI & ASSOCIATES LLP Chartered Accountants Annexure to Independent uditor' • Review Report on the Quarterly Unaudited onsolidatcd Financial results of the ompany pursuant to the Re ulation 33 of the EBI (Li.stin° Oblioalions and Disclosure Requirement ) Regulations, 2015, a amended Li t of ub idiarie and .. ociate u bsidia rie - I . Vodafone Idea lanpower ervices Limited 2. Vodafone Idea Business crvice Limited odafone Idea mmuni ation tern Limited 4. dafone Idea ext-Gen , olution Lirnite I (Formerly known as V dafonc M-Pe a Limi t d) 5. odafone Idea hared ervice Limited 6. ou Br adband India Limited 7. Voclaf ne Idea Technolog oluti n Limited 8. odafonc Idea Telecom Infrastructure irnited 9. dafonc Foundation A ociate I. angli Wind Ent:rgy Private Limit ed (acquired w . . f. Ma_ I , 2025) ditya Birla Ren wable PY 3 Limi ted acquired w.e.f. ctober 23, 2025) " MTK uann1m reen n rgy Pvt. Ltd. {a quired\ .e.f. June 29. _026)
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VODAFONE IDEA LIMITED ;r< UI Regd Office:-Suman Towers, Plot No 18, Sector 11, Gandhinagar-382011, CIN-L32100GJ1996PLC030976 g &. • o' • Unaudited Consolidated Financial Results for the quarter ended June 30, 2026 i (Rs. Cr, except per share data) Particulars Quarter ended Year ended June 30, 2026 March 31, 2026 June 30, 2025 March 31, 2026 Unaudited Refer Note 6 Unaudited Audited INCOME Service Revenue 11,662 11,299 11,008 44.782 Sale ofT rading Goods 20 4 .• 7 OtherOperatinQ Income 7 29 15 84 REVENUE FROM OPERATIONS 11,689 11,332 11,023 44,873 Other Income 195 104 142 541 TOTAL INCOME 11,884 11.436 11,165 45,414 EXPENSES Cost ofT rading Goods 19 4 ·* 6 Employee Benefit Expenses 542 583 544 2,337 Network Expenses and IT Outsourcing Costs 2,344 2,345 2,349 9,418 License Fees and Spectrum Usage Charges 986 974 947 3,851 Roaming &Access Charges 1,334 1,091 1,114 4,501 Marketing, Conten~ Customer Acquisition & Sel'lice Costs 1,205 1,194 1,1 88 4,718 Finance Costs 5,120 4,990 5,893 21,495 Depreciation & Amortisation Expenses 5,467 5,518 5,472 22,108 Other Expenses 225 252 269 1,039 TOTAL EXPENSES 17,242 16,951 17,776 69,473 PROFIT/(LOSS) BEFORE SHARE IN PROFIT/ (LOSS) OF ASSOCIATES, EXCEPTIONAL (5,358) (5,515) (6,611) (24,059) lTEMS AND TAX Add: Share in Profit/(Loss) of Associates (net of tax) .• . • . I PROFIT /(LOSS) BEFORE EXCEPTIONAL ITEMS AND TAX (5,358) (5,515) (6,611) (24,059) Exceotionalltems (netl (refer note 3) 1,611 57,491 58,607 PROFIT/ (LOSS) BEFORE TAX (3,747) 51,976 (6,611) 34,548 Tax expense: -Current Tax 7 8 • 11 -Deferred Tax .• (2) (3) (15) PROFIT /(LOSS) AFTER TAX (3,754) 51,970 (6,608) 34,552 Items not to be reclassified to profit or loss in subsequent periods: • Re-measurement gains/ (losses) of defined benefit plans 3 16 (4) 12 -Income tax effect on re-measurement gains/ [osses) of defined benefit plans • ' • * TOTAL COMPREHENSIVE INCOME/(LOSS) (3,751) 51,986 (6,612) 34,564 Paid up Equil'j Share Capital (Face value Rs. 10 pershare) 108,343 108,343 108,343 108,343 OtherEquil'j (144,101) Earnings Per Share forthe period (Rs) • Basic (035) 4.80 (0.63) 3.21 • Diluted (0,35) 4.80 (0.63) 3.21 'Below one Cr.
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Notes 1. The above unaudited consolidated financial results of Vodafone Idea Limited , its subsidiaries (the Group) and associates, as reviewed by the Audit Committee of the Board, were approved and taken on record by the Board of Directors at their meeting held on August 10, 2026. 2. The Group has incurred loss of Rs. 3,754 Cr for the quarter ended June 30, 2026 and the group's net worth stands at negative Rs. 38,327 Cr as at that date. As at June 30, 2026, the Group's outstanding debt from banks and others (including interest accrued but not due) is Rs. 3,708 Cr and instalments payable, as scheduled, by June 2027 is Rs. 211 Cr and interest thereon . As at June 30, 2026, Deferred payment obligation (including interest accrued but not due) of Rs. 130,299 Cr towards Spectrum and Rs. 25,759 Cr towards AGR. The instalments payable against these deferred payment obligations , as scheduled by June 2027 is Rs. 9,259 Cr. As of date, the Group has met all its debt obligations payable to its lenders/ banks and financial instituti ons along with applicable interest. The Group is in discussion with banks to raise additional funds as required. The Group is confident of generating sufficient cash flow from operations to meet its obligations including spectrum and AGR dues payable over the next 12 months as and when they fall due. Accordingly, these consolidated financ ial results have been prepared on a going concern basis. 3. Exceptional items:- Rs Cr Particulars Quarter ended Year ended June 30, 2026 March 31 , 2026 June 30, 2025 March 31, 2026 Unaudited Refer Note 6 Unaudited Audited Reduction of deferred payment obligation related to AGR including impact of its discounting at 58,116 58,116 present value Impact of l ab-Our Code 58 (101) Gain/(loss) on remeasurement of Settlement assets (refernote 3a) 1,816 (683) 545• Provision towards regulatory matters frefer note 3b) (205) Others 47 Total 1,611 57,491 58,607 'Includes impact of certain provision written back a) As at December 31 , 2025, assets include amounts recorded as recoverable from the promoters of erstwhile Vodafone India Limited ("Vlnl") under the Implementation agreement (IA) as amended on December 31 , 2025 . A portion of the Settlement amount is secured through the earmarking of 328 Cr equity shares of the Company by certain Vodafone Group entities for a period of five years. Proceeds from sale of these shares as and when undertaken, at the instructions of a person authorised/ appointed by the Company, will accrue to the Company. During the quarter , the fair market value of such earmarked shares on June 30, 2026 stands at Rs. 4,435 Cr (arrived basis closing market price adjusted for transaction and other incidenta l cost) resulting in net gain of Rs. 1,816 Cr for the quarte r ended June 30, 2026, on remeasurement of such Settlement assets which has been disclosed under "Exceptional Items". b) During the quarter ended June 30, 2026, the Company has received revised demands from DOT with respect to a matter which the company has challenged at TDSAT and obtained a "No coercive action " order. While the Company continues to pursue the matter with the TDSAT, based on the assessment, it has provided for a partial charge of Rs. 205 Cr against this matter and disclosed it under "Exceptional items".
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4. Financial results of Vodafone Idea Limited (Standalone):- Rs. Cr Particulars Quarter ended Year ended June 30, 2026 March 31, 2026 June 30, 2025 March 31, 2026 Unaudited Refer Note 6 Unaudited Audited Revenue from Operations 11.539 11,197 10,905 44,385 Profit /(Loss) before Tax (3,712) 52,022 (6,634) 34,482 Net Profit /(Loss) after Tax G,712) 52,022 (6,634) 34,482 5. The Group operates only in one reportable segment i.e. Mobility and hence no separate disclosure is required for Segments. 6. The consolidated financial results for the quarter ended March 31, 2026 are balancing figures between audited results for the full financial year and the published year to date figures upto December 31, 2025. 7. Previous period figures have been regrouped and rearranged wherever necessary. Date: August 10, 2026 Place: Mumbai For and on behalf of the Board of Directors of VODAFONE IDEA LIMITED l~ Kumar Mangalam Birt.a on-Executive Chairman
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S.R. BATUBOI & ASSOCIATES LLP l2th Floor, The Ruby 29 Senapat i Bapa Marg Dadar (West ) Chartered Accountants Mumbai - 400 028. India Tel +91 22 6819 8000 Independent Auditor 's Review Report on the Quarterly Unaudited Standalone Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Ohligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Director s Vodafone Idea Limited I. We have reviewed the accompanying statement of Lmaudited sta ndalone financial resul ts of Vodafone Idea Limited (the "Company") for the quarter ended June 30. 2026 (the·· tatemenC) attached herewith , being submitted by the Company pur uant to the requir ements of Regulat ion 33 of the £ Bl (L isting Obli gations and Disclosure Requirement s) Regulations, 201- , as amended (the "Listing R gulations ''). The Company· Management is responsibl e for the preparat ion of the State ment in acco rdanc e with the recog nition and measurement princ iples laid down in lndian Acco unt ing Standard 34, (Ind AS 34) "'Interi m Financial Reporting"' presc ribed under Section 133 of the Companies Act.20 13 as ame nded . read \ ith relevant rule s issued thereunder and other accounting princ iples generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The Statem nt has been approved by the Company"s Board of Directors. Our responsibilit y i to expres s a conclusion on the Statement based on our review. 3. We conduct ed our revie\ of the Statement in accordance with the Standard on Review Engagements ( RE) 24 10. ·Re view oflnterim Financial Information Performed by the Independent A uditor of the Entity ·• is ued by the In titute of Chartered Acco untants of India. This standard require s that we plan and perform the revie'I- to obtain moderat assurance as to whether the Statement is free of materia l mi statement. A review of inter im financial inform ation consists of making inquiries, primarily of persons responsible for financial and accounti ng matter s. and applying ana lytical and other rev iew proced ures. A revie\ i substant ially less in scope than an audit conducted in accorda nce with Standa rd on Auditing and consequen tly does not enable us to obtain assurance that we would b come aware of all sign ificant matters that might be identified in an aud it. Accor dingly, ,v do not expre s an audi t opinion. 4. Based on our rev iew conducted as above , nothing has come to our attention that causes us to believe that the accompanyin g tatement. prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting tandards ('Ind AS ') specified under ection 133 of the Companies Act , 2013 a_ ame nded , read with relevan t rules issued thereun der and other accoun ting principles generally accepted in India. has not disclo ed the information required to be disclosed in terms of the Listing R gulations. including the manner in wh ich it is to be disclosed . or that it contain any material mi statement. forS .R. BATLIBOI & AS OCIATES LLP Chartered Accou ntants ICAI firm registration number: l 01049W /E300004 / 1/ per orrnuz Eruch Master Partner Membersh ip o.: 110797 UD : 261 10797HDNAHX6948 Plac : Mumbai Date: Augu t IO. 2026 S.R. Batllt>o• & Associate, LLP. a Llm,led Llablllty Panne'Shlp w,lh LLP toenMv No, AAB·4295 Regd. Ofl\co • 22, Camac Street, Block ·s·. 3rd r :oor, Kolkala 700 O t 6
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VODAFONE IDEA LIMITED -< UI Regd Office :-Suman Towers, Plot No 18, Sector 11, Gandhinagar-382011, CIN-L32100GJ1996PLC030976 H 0 Unaudited Financial Results for the quarter ended June 30, 2026 i I (Rs. Cr, except per share data) Particu~rs Quarter ended Year ended June 30, 2026 March 31, 2026 June 30, 2025 March 31, 2026 Unaudited Refer Note 5 Unaudited Audited INCOME Service Revenue 11,535 11,180 10,896 44J40 Sale ofT rading Goods -' I . ' Other Operating Income 4 17 9 45 REVENUE FROM OPERATIONS 11,539 11,197 10,905 44,385 Other Income 198 108 149 564 TOTALINCOME 11,737 11,305 11,054 44,949 EXPENSES Cost ofT rading Goods ' I • I Employee Benefit Expenses 489 529 489 2,115 Networ!t Expenses and IT Outsourcing Costs 2,499 2,489 2,516 10,023 License Fees and Spectrum Usage Charges 984 973 946 3,845 Roaming & Access Charges 1,334 1,091 1,114 4,501 Mar!teting, Content, Customer AcquisiUon & Service Costs 1,180 1,168 1,197 4,697 Finance Costs 5,011 4,873 5,876 21,325 Depreciation & AmortisaUon Expenses 5~18 5J54 5,337 21,509 Other Expenses 245 294 289 1,1 36 TOTAL EXPENSES 17,o60 16,771 17,764 69,151 PROFIT/(LOSS) BEFORE EXCEPTIONAL ITEMS AND TAX (5,323) (5,466) (6,710) (24,202) Exceptional Items (neV (refer note 3) 1,611 57,488 76 58,684 PROFIT/(LOSS) BEFORE TAX (3,712) 52,022 (6,634) 34,482 Tax expense: -Current Tax -Deferred Tax PROFIT/(LOSSJ AFTER TAX (3,712) 52,022 (6,634) 34,482 Items not to be reclassified to profit or loss in subsequent periods: • Re-measurement gains/ Uosses) of defined benefit plans 3 15 (4) 12 -Income tax effect on re-measurement gains/ (losses) of defined benefit plans TOTAL COMPREHENSIVE INCOME/(LOSSJ (3,709) 52,037 (6,638) 34,494 Paid up Equity Iha re Capital (Face value Rs.10 per share) 1,08,343 1,08,343 1,08,343 1,08,343 Other Equi~/ (1,43,706) Eamings/(loss) Per Share for the period (Rs.) • Basic (0.34) 4.80 (0.63) 3.20 • Diluted (0.34) 4.80 (0.63) 3.20 *Below one Cr.
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Notes 1. The above unaudited financial results, as reviewed by the Audit Committee of the Board, were approved and taken on record by the Board of Directors at the ir meeting held on August 10, 2026. 2. The Company has incurred loss of Rs. 3,712 Cr for the quarter ended June 30, 2026 and the Company's net worth stands at negative Rs. 37,890 Cr as at that date. As at June 30, 2026, the Company's outstanding debt from banks and others (including interest accrued but not due) is Rs. 215 Cr and instalments payable, as scheduled by June 2027 is Rs. 211 Cr and interest thereon . As at June 30, 2026, Deferred payment obligation (including interest accrued but not due) of Rs. 130,299 Cr towards Spectrum and Rs. 25,759 Cr towards AGR. The instalments payable against these deferred payment obligations, as scheduled by June 2027 is Rs. 9,259 Cr. As of date, the Company has met all its debt obligations payable to its lenders/ banks and financ ial institutions along with applicable interest. The Company is in discussion with banks to raise additional funds as required. The Company is confident of generating sufficient cash flow from operations to meet its obligations including spectrum and AGR dues payable over the next 12 months as and when they fall due. Accordingly , these financial results have been prepared on a going concern basis. 3. Exceptional items:- Rs.Cr Particulars Quarter ended Year ended June 30, 2026 March 31, 2026 June 30, 2025 March 31, 2026 Unaudited Refer Note 5 Unaudited Audited Reduction of defe~ed payment obligation related to AGR including impactofitsdiscounling at 58,116 58,116 present value Impact of Labour Code 55 {911 Gain/Hoss) on remeasurement of Settlement assets (refer note 3a) 1,816 {683) w Provision reversalforimpairment towards loan receivable from subsidiaiy 76 76 Provision towardsregu~toiymatters ~efernote 3b) Q05) Others 38 Total 1,611 57,488 76 58,684 A Includes impact of certain provision written back a) As at December 31, 2025, assets include amounts recorded as recoverable from the promoters of erstwhile Vodafone India Limited ("Vlnl ") under the Implementation agreement (IA) as amended on December 31 , 2025. A portion of the Settlement amount is secured through the earmarking of 328 Cr equity shares of the Company by certain Vodafone Group entities for a period of five years. Proceeds from sale of these shares as and when undertaken , at the instructions of a person authorised / appointed by the Company, will accrue to the Company. During the quarter, the fair market value of such earmarked shares on June 30, 2026 stands at Rs. 4,435 Cr (arrived basis closing market price adjusted for transaction and other incidental cost) resulting in net gain of Rs. 1,816 Cr for the quarter ended June 30, 2026, on remeasurement of such Settlement assets which has been disclosed under "Exceptional Items". b) During the quarter ended June 30, 2026, the Company has received revised demands from DOT with respect to a matter which the company has challenged at TDSAT and obtained a "No coercive action " order. While the Company continues to pursue the matter with the TDSAT, based on the assessment, it has provided for a partial charge of Rs. 205 Cr against this matter and disclosed it under "Exceptional items". 4. The Company operates only in one reportab le segment i.e. Mobility and hence no separate disclosure is required for Segments.
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5. The financial results for the quarter ended March 31, 2026 are balancing figures between audited results for the full financial year and the published year to date figures upto December 31, 2025 . 6. Previous period figures have been regrouped and rearranged wherever necessary. For and on behalf of the Board of Directors of Date: August 10, 2026 Place: Mumbai VODAFONE IDEA LIMITED Kum r Mangalam Birla Non-Ex cutive Chairman
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Page 1 of 3 Media Release – August 10, 2026 Vi records strong revenue and EBITDA growth; achieves first quarter of subscriber addition with continued increase in ARPU and data usage Highlights for the Quarter • Customer base stands stronger at 193.1 million vs. 192.8 million in Q4FY26; the first quarter of positive net subscriber addition since merger • Revenue for the quarter at Rs. 11,689 Cr; YoY growth of 6.0% • EBITDA for the quarter at Rs. 5,034 Cr.; YoY growth of 9.1% • Customer ARPU at Rs. 195 vs Rs. 177 in Q1FY26; YoY growth of 10.2% - highest in the industry • 4G/5G subscriber base of 130.1 million vs 127.4 million in Q1FY26 • Vi 5G is now available in over 200 Indian cities and towns; 4G population coverage at 87% • Focus on accelerated network expansion with fresh or ders to Ericsson, Nokia , Samsung and other partners • Strategic partnership with Spotify to offer a premium music streaming experience to subscribers • Crisil assigned a credit rating of Crisil A -/(Stable) and ICRA credit rating upgraded to ICRA A - /(Stable) Financial Highlights Abhijit Kishore, CEO, Vodafone Idea Limited, said “FY27 is the year of execution for us. Our robust Q1FY27 performance is a strong validation of our defined strategy and disciplined execution. Our investments are delivering tangible results with revenue growth of 6.0% YoY and quarterly EBITDA crossing Rs. 5,000 Crore with a YoY growth of 9.1%. During the quarter, we have delivered on all the critical business parameters we measure our success on, including subscriber addition - first since merger and we will continue to drive this. Our 5G is now live in over 200 cities. Our on-ground execution intensity continues with capex orders worth Rs. 9,000 Crore already placed. The ongoing conversation with the lenders gives us the confidence of successful closure of debt discussions. With all critical business parameters now moving in the right direction our focus remains on execution and AI led transformation across the organization.” Revenue from Operations 11,023 11,332 11,689 6.0% EBITDA 4,612 4,889 5,034 9.1% EBITDA% 41.8% 43.1% 43.1% +122 bps Reported PAT (6,608) 51,970 (3,754) Q1FY27 YoYConsolidated (Rs Cr) Q1FY26 Q4FY26
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Page 2 of 3 Financial highlights Revenue for the quarter w as Rs. 11,689 Cr, a YoY growth of 6.0% and 3.2% on a QoQ basis. EBITDA for the quarter was Rs 5,034 Cr, a YoY growth of 9.1%. Capex for the quarter stood at Rs. 1,930 Cr. As on June 30, 2026, the debt from banks stood at Rs. 211 Cr. The cash and bank balance stood at Rs. 6,558 Cr aided by the receipt of part proceeds from warrant issuance this quarter. Crisil assigned credit rating of Crisil A-/(Stable) in May 2026 and ICRA upgraded its rating to ICRA A-/(Stable) in June 2026. The ratings were assigned and upgraded by Crisil and ICRA respectively for certain long-term bank facilities considering the positive developments over last few months. We have secured funding of Rs. 6,400 Cr including warrants, fund & non-fund based facilities and remain engaged with lenders to close the overall funding plan. We have placed capex orders worth Rs. 9,000 Cr out of our 3-year capex guidance of Rs. 45,000 Cr. Operational highlights We have expanded our 5G coverage to over 200 cities across the 17 key circles where we hold 5G spectrum. Alongside 5G rollout, we continue to invest in expanding our high -speed broadband network by adding new 4G sites and upgrading our core and transmission network for high speed broadband network. We added over 15,600 new unique broadband towers during the last twelve months , our total unique broadband towers count now stands at nearly 205,000. Our 4G population coverage increased to 87.0% as of June, 2026. We have brought 39.4 million incremental population under the fold of our 4G coverage since Q1FY26. This pace of network roll -out reinforces our focus to wards superior customer experience through enhanced indoor coverage, in addition to adding more sites to expand our capacity. With our planned investments, the 4G population coverage in the 17 circles is expected to increase to over 95%. The Customer ARPU increased to Rs. 195 in Q1FY27 from Rs. 177 in Q1FY26, a YoY increase of 10.2% - highest in the industry; primarily supported by customer upgrades. Our total subscriber base stood at 193.1 million compared to 192.8 million in Q4FY6 – first quarter of net subscriber addition since merger . We closed the quarter with 130.1 million 4G/5G subscribers, up from 127.4 million in the same period last year. The data usage improved from 69.1 Pb/Day to 88.4 Pb/Day, a YoY increase of 27.9%. Other highlights for the quarter We remain committed to enhancing customer experience, our focus is on enriching consumers’ digital lifestyle with experiences that extend well beyond just voice and data. Towards this, we partnered with Spotify to offer our Postpaid Vi Max subscribers a premium music streaming experience. For Prepaid subscribers, we launched ‘Vi edu+’, a co-branded ‘Nonstop Hero’ proposition in partnership with PhysicsWallah across Uttar Pradesh
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Page 3 of 3 and Rajasthan, combining unlimited connectivity with digital learning benefits for students. Our recent brand campaign ‘Everyone is Priority’ re-emphasized our larger belief that every customer deserves an equal network experience further strengthening the brand’s differentiated positioning. We further strengthened the International Roaming portfolio with the launch of ‘Choose Your Own Plan ’ by offering customers greater flexibility through a wider range of validity and data options, enabling them to choose plans best suited to their travel re quirements. We also unveiled MSME ReadyForNext 5.0 on World MSME Day 2026, the latest edition of India's largest digital advisory platform for MSMEs for our enterprise customers. We partnered with Meta to enable silent mobile verification across Meta Platforms like WhatsApp, Facebook and Instagram enabling safer, seamless and password -less digital experiences for millions of users. We are also upgrading SPARC, our proactive identification and mitigation solution built for strengthening Vodafone Idea's cyber resilience with AI led early detection. These advancements strengthen our innovation by ensuring we stay ahead of emerging threats. Summary of Critical business parameters About Vodafone Idea Ltd. Vodafone Idea Limited is an Aditya Birla Group and Vodafone Group partnership. It is amongst India’s leading telecom service providers. The company holds a large spectrum portfolio including mid band 5G spectrum in 17 circles and mmWave spectrum in 16 circles. The Company provides Voice and Data services across 2G, 4G and 5G platforms and is expanding 5G services across 17 circles. To support the growing demand for data and voic e, the Company is committed to delivering delightful customer experiences and contributing towards creating a truly ‘Digital India’ by enabling millions of citizens to connect and build a better tomorrow. The Company is developing infrastructure to introduce newer and smarter technologies, making both retail and enterprise customers future ready with innovative offerings, conveniently accessible through an ecosystem of digital channels as well as extensive on-ground presence. The Company’s equity shares are listed on National Stock Exchange (NSE) and the BSE in India. Subscriber Base (EoP) mn 197.7 192.8 193.1 Customer ARPU (excluding M2M) Rs. 177 190 195 4G/5G Subscribers mn 127.4 128.9 130.1 Data Usage Pb/day 69.1 83.0 88.4 Total Unique Broadband Towers (EoP) no. 189,229 202,008 204,893 Q4FY26 Q1FY27Q1FY26Operating Parameters UoM