Vodafone Concept shares drop 4% on muted This autumn income progress, one-time acquire in revenue

Shares of Vodafone Concept fell as a lot as 4% to an intraday low of Rs 12.47 on the NSE on Monday regardless of reporting a web revenue of Rs 51,970 crore for the FY26 March quarter. The revenue was primarily pushed by a one-time accounting acquire associated to the reassessment of AGR dues and recognition of the current worth of future AGR funds. Within the corresponding quarter final 12 months, the corporate posted a web lack of Rs 7,166 crore.

Income from operations stood at Rs 11,332 crore, up 3% from Rs 11,017 crore reported in Q4FY25, in line with the corporate’s change submitting. EBITDA for the quarter got here in at Rs 4,889 crore, reflecting a year-on-year (YoY) enhance of 4.9%.

Common income per consumer, or ARPU, rose to Rs 190 from Rs 175 within the year-ago quarter, marking an 8.3% enhance. The corporate mentioned the ARPU remained the very best within the trade. Its 4G and 5G subscriber base elevated to 128.9 million from 126.4 million in Q4FY25.

Throughout the quarter, the board accredited the issuance of absolutely convertible warrants value Rs 4,730 crore, or $500 million, to an Aditya Birla Group promoter entity on a preferential foundation. Every warrant can be convertible into one absolutely paid-up fairness share.

For FY26, the corporate reported income of Rs 44,873 crore, up 3% YoY. Annual EBITDA stood at Rs 19,003 crore in contrast with Rs 18,127 crore in FY25, registering a progress of 4.8%. Capital expenditure throughout the 12 months was Rs 8,742 crore.

The corporate additionally expanded its 5G providers to 83 cities throughout the 12 months. Its 4G protection elevated by 48 million folks, taking complete protection to greater than 86% of the inhabitants.

Vodafone Concept mentioned 4G knowledge capability rose over 12% in contrast with FY25, whereas the full variety of distinctive broadband towers elevated to 2,02,008 after including greater than 17,300 towers throughout the 12 months.Commenting on the efficiency, Abhijit Kishore, Chief Government Officer, Vodafone Concept, mentioned the advantages of the corporate’s capex investments and community rollout are actually turning into seen.

He mentioned Q4FY26 marked a major step ahead, with all seven key efficiency indicators exhibiting sequential enchancment.

Kishore added that subscriber additions turned web constructive from February 2026, which he described as a key milestone reflecting the affect of sustained investments within the community.

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