Overview

• Vodafone Idea reported a Rs7,166 crore loss after tax in Q4FY25 while operating revenue rose 3.8% year-on-year to Rs11,013.5 crore.
• The company will resume bank negotiations this month to secure debt financing for its Rs5,000–6,000 crore capex plan for FY26.
• Government sources say the Centre is weighing measures such as a moratorium on pending AGR dues and concessions to lenders to support Vodafone Idea.
• Vodafone Idea’s outstanding AGR liabilities stood at about Rs76,000 crore as of March 31, 2025, contributing to total debt of nearly Rs1.97 lakh crore.
• Motilal Oswal warns of an annual cash shortfall of roughly Rs200 billion without prompt debt funding and policy relief.