Archive · 14 Aug 2025
Vodafone Idea Reports Improved Financials, CEO Change
Vodafone Idea, a phone company, lost money again, but it wasn't as much as before.
They made more money from each customer.
The current CEO is leaving, and a new one is taking over.
While the total number of customers went down a little, more people are using their faster 4G and 5G services.
The company is trying to improve its network and needs to borrow money to do so.
Vodafone Idea's net loss narrowed to ₹6,608 crore in Q1 FY26.
Abhijit Kishore will replace Akshaya Moondra as CEO.
Revenue remained flat, while ARPU increased to ₹177.
Subscriber base declined to 197.7 million, though 4G/5G subscribers grew.
The company is investing in capex and seeking debt financing.
- Who
- Vodafone Idea.
- What
- Vodafone Idea announced its Q1 FY26 financial results and a CEO transition.
- When
- Q1 FY26 (June quarter).
- Where
- Not specified.
- Why
- Company performance and leadership changes.
- Net Loss (Q1 FY26)
- ₹6,608 crore
- Revenue (Q1 FY26)
- ₹11,023 crore
- New CEO
- Abhijit Kishore
- ARPU
- ₹177
- Subscriber Base
- 197.7 million
- 4G/5G Subscribers
- 127.4 million
- Capex Spend (Q1 FY26)
- ₹2,440 crore
Sources
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Vodafone Idea Q1 Results: Net loss at ₹6,608 crore, improves sequentially; ARPU rises to ₹177
Vodafone Idea Q1 FY26 results: Revenue increases 5%, losses widen to Rs 6,608 crore
Vodafone Idea names Abhijit Kishore as CEO; Akshaya Moondra’s term to end on August 18
Vi’s net loss widens to ₹6,608 crore in June quarter
From COO to CEO: Abhijit Kishore to Steer Vodafone Idea Through Challenging Times
Vi’s net loss widens to ₹6,608 crore in June quarter
Vodafone Idea's losses mount; Moondra steps down as CEO
