Vodafone Thought introduced its monetary efficiency for the June-ending quarter in the present day, August 14, submit market hours, reporting a web lack of ₹6,608 crore, increased than the web lack of ₹6,432 crore reported in the identical interval final 12 months.
Nonetheless, on a sequential foundation, losses narrowed in comparison with the previous March quarter, when the corporate reported a web lack of ₹7,166 crore. Its consolidated income from operations through the quarter stood at ₹11,022 crore, a 5% improve from ₹10,508 crore within the June 2024 quarter.
The common income per consumer (ARPU), a key metric for telecom corporations—got here in at ₹177, above analysts’ estimates of ₹167, pushed by subscriber upgrades and an improved combine.
The metric improved by 15% from ₹154 in Q1FY25. On the working degree, the corporate reported an EBITDA of ₹4,612 crore, in comparison with ₹4,204 crore within the year-ago quarter, with margins rising to 41.8% from 40%.
The corporate’s finance price jumped to ₹5,892 in Q1 crore from ₹5,518 crore, however got here in decrease as in comparison with ₹6,471 crore within the previous March quarter. As on June 30, 2025, the debt from banks was ₹19.3 billion and the money and financial institution stability stood at ₹68.3 billion, as per the corporate’s earnings’ submitting.
Quarter sees sharp drop in subscriber exodus
The corporate stated that investments remodeled the previous three quarters to develop its 4G protection have began yielding outcomes, as mirrored within the 90% decrease subscriber loss in comparison with Q2 and Q3 of the final monetary 12 months, the bottom decline for the reason that merger.
It additional acknowledged that it continues to put money into capex, and to help its broader capex plans of ₹500–550 billion and stays engaged with lenders to safe debt financing. The capex for the June quarter stood at Rs. 24.4 billion.
On the again of investments in high-speed broadband community protection and capability, together with the addition of recent 4G websites, upgrades to its core and transmission community, and a number of different initiatives, subscriber decline through the quarter was restricted to 0.5 million, round 90% decrease than the 5 million decline recorded in Q2 and Q3 of the final monetary 12 months. This marked its strongest efficiency for the reason that merger.
The corporate’s complete subscriber base stood at 197.7 million. It closed the quarter with 127.4 million 4G/5G subscribers, up from 126.7 million in the identical interval final 12 months.
Disclaimer: The views and suggestions made above are these of particular person analysts or broking corporations, and never of Mint. We advise traders to verify with licensed specialists earlier than making any funding selections.

