Vodafone Idea Narrows Q3 Loss to Rs 5,286 Crore; ARPU, EBITDA Improve Significantly

• Vodafone Idea (Vi) reported a net loss of Rs 5,286 crore in Q3FY26, a significant narrowing from Rs 6,609 crore in Q3FY25.
• Revenue from operations increased to Rs 11,323 crore, and EBITDA improved to Rs 4,816 crore year-on-year.
• Customer ARPU (excluding M2M) grew by 7.3% to Rs 186, while 4G/5G subscriber base reached 128.5 million with 26.7% higher data usage.
• Vi expanded 4G coverage to 85.5% of the population, increasing capacity by over 43% and speeds by 22%.
• The company raised Rs 3,300 crore via NCDs and received a revised AGR payment schedule from DoT, easing financial burden.

Why It Matters: Vodafone Idea shows financial and operational improvement, narrowing losses and securing a favorable AGR payment plan.