Vodafone Idea Limited — Q1FY27 earnings call summary

Filed 18 August 2026 · Official transcript

Guidance: 3x cash EBITDA in 3 years with 16.8% CAGR; 55-57k 4G sites and 86-90k 5G sites by FY29
Capex of Rs. 1,930 Cr in Q1; Rs. 9,000 Cr orders placed for network expansion
Multiple analyst queries on subscriber trends, ARPU growth drivers, and capex deployment
Q1FY27 revenue grew 6.0% YoY to Rs. 11,689 Cr; Cash EBITDA up 13.5% to Rs. 2,475 Cr
Subscriber base increased to 193.1 million; first positive net addition quarter since merger
Customer ARPU rose 10.2% YoY to Rs. 195; 4G/5G mix improved to 67.4%
5G live in 200+ cities with 16,000+ sites; 4G sites increased by 15,600 in last 12 months
Net bank debt reduced to Rs. 211 Cr; total debt Rs. 3,489 Cr; free cash Rs. 6,558 Cr