&w=1200&q=75)
&w=1200&q=75)
Vodafone Idea Reports Q4 Growth but Shares Fall 4%
Vodafone Idea shares drop 4% on muted Q4 revenue growth, one-time gain in profit
Image: The Economic Times
Vodafone Idea's shares dropped 4% to ₹12.47 despite a net profit of ₹51,970 crore for Q4 FY26, driven by a one-time accounting gain. Revenue rose 3% to ₹11,332 crore, while average revenue per user increased by 8.3% to ₹190. The company also expanded its 5G services significantly during the year.
- 01Vodafone Idea's net profit for Q4 FY26 was ₹51,970 crore, compared to a net loss of ₹7,166 crore in the same quarter last year.
- 02The company's revenue from operations for Q4 FY26 was ₹11,332 crore, a 3% increase from ₹11,017 crore in Q4 FY25.
- 03Average revenue per user (ARPU) rose to ₹190, marking an 8.3% increase year-on-year.
- 04Vodafone Idea's board approved the issuance of fully convertible warrants worth ₹4,730 crore ($500 million) to a promoter entity.
- 05The company expanded its 5G services to 83 cities and increased its 4G coverage to over 86% of the population.
Advertisement
In-Article Ad
Vodafone Idea's shares fell by 4% to an intraday low of ₹12.47 on the National Stock Exchange (NSE) following its Q4 FY26 results, which showed a net profit of ₹51,970 crore. This profit was largely attributed to a one-time accounting gain related to the reassessment of Adjusted Gross Revenue (AGR) dues. In contrast, the same quarter last year saw a net loss of ₹7,166 crore. The company's revenue from operations rose 3% to ₹11,332 crore, while its EBITDA increased by 4.9% to ₹4,889 crore. The average revenue per user (ARPU) also saw a significant rise, reaching ₹190, an 8.3% increase from the previous year. Vodafone Idea's 4G and 5G subscriber base grew to 128.9 million. Additionally, the company approved the issuance of convertible warrants worth ₹4,730 crore to an Aditya Birla Group promoter entity. During the fiscal year, Vodafone Idea expanded its 5G services to 83 cities and increased its 4G coverage to over 86% of the population, reflecting the impact of its capital expenditure and network investments.
Advertisement
In-Article Ad
The drop in Vodafone Idea's share price may affect investor confidence and market perception of the company's growth potential.
Advertisement
In-Article Ad
Reader Poll
Do you think Vodafone Idea will recover its share price in the coming months?
Connecting to poll...
More about Vodafone Idea
Read the original article
Visit the source for the complete story.