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Vodafone Idea

Q1 FY27Telecom - Services

Vodafone Idea Q1 FY27 earnings call: Revenue & Margins

Q1 FY27 earnings call: what management said on revenue, margins and capex.

Price₹15
Market cap₹1.5L Cr
Updated25 Aug 2026
Read5 min read

What the Q1 FY27 call signalled

3 of 5 strong

RevenueModerate growth
MarginMargins steady
CapexCapex planned
FundraiseFundraise planned
Order bookOrder book rising

The short version

Revenue growth guidance: Expecting double-digit revenue growth with a CAGR of around 16.8% over the next 3 years. Vodafone Idea targets sustained net additions, double-digit revenue growth, and a 3x increase in cash EBITDA over the next three years leading to FY29. - Guidance includes a CAGR of around 16.8% in top-line/revenue growth over three years. - Cash EBITDA for the quarter rose by 13.5% YoY and the company aims to triple this metric in three years. - ARPU (Average Revenue Per User) has grown 10.2% YoY; further organic ARPU growth is expected via upgrades from 2G to 4G/5G, and data plan premiumization. - EBITDA margins improved by 120 bps QoQ, indicating profitability improvement. - Continued investments in network expansion (~Rs.

From Vodafone Idea's Q1 FY27 earnings-call transcript · updated 25 Aug 2026.

Revenue & Sales Performance

Moderate growth
  • Revenue growth guidance: Expecting double-digit revenue growth with a CAGR of around 16.8% over the next 3 years.
  • Customer ARPU: Continuous organic ARPU growth driven by premiumization, upgradations from 2G to 4G/5G, and migration to unlimited data and NonStop Hero plans.
  • Subscriber additions: Positive net additions across postpaid, prepaid, and M2M segments; improving churn and acquisition quality expected to sustain growth.
  • Data usage: Increasing data consumption with 4G/5G subscribers’ data usage growing 25.2% YoY to 21.7 GB/subscriber.

2 more points from Vodafone Idea's call on revenue

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Profitability & Margins

See what Vodafone Idea said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Capex planned
  • Vodafone Idea has a capex plan of Rs. 45,000 Crore over the next 3 years.
  • In Q1FY27, capex spend was Rs. 1,930 Crore, somewhat muted due to supply chain headwinds.
  • Orders worth Rs. 9,100 Crore have been placed with partners like Ericsson, Nokia, and Samsung.
  • The company intends to deploy most of this capex within the next two quarters, with monthly site rollouts of approximately 3,500 4G sites.
  • Focus remains on accelerating network expansion, including 5G rollout with over 16,000 5G sites currently live and plans to cover 200+ additional cities in the near term.

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Top-ranked in Telecom - Services

Ranked on what management guided this quarter

Guidance-ranked
1HFCL
Rev 1Mar 1
2Bondada Engineer
Rev 1Mar 3
3
Rev 1Mar 3
4
Rev 2Mar 3
5
Rev 2Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

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Order Book & Pipeline

Order book rising
  • Vodafone Idea has already placed orders worth Rs. 9,100 Crore as of Q1 FY27.
  • This orderbook includes Rs. 1,930 Crore of capex already deployed during the quarter.
  • The company intends to deploy the entire Rs. 9,100 Crore over the next two quarters or less.
  • The orders are placed with partners including Ericsson, Nokia, and Samsung.

2 more points from Vodafone Idea's call on order book

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Vodafone Idea — Quarterly revenue & net profit

Revenue Net profit Net loss
Dec 2024Q3 FY25
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26

Q1 FY27 figures are not in this chart yet. Latest shown: Mar 2026 (Q4 FY26). The Q1 FY27 numbers from the filing are in the analysis on this page.

Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹11.3K Cr, net profit ₹52.0K Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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What Vodafone Idea's management said in earlier quarters

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  • Route Mobile (Q1 FY27)

    New product portfolio (RCS, WhatsApp, non-SMS solutions) growing robustly at 14% YoY and 11% QoQ, seen as growth engine (Page 4, 12). Key concall takeaways…

  • Pace Digitek (Q1 FY27)

    3,200 to 3,400 crore, indicating strong growth from Rs. Key concall takeaways from Pace Digitek's Q1 FY27 earnings call — and how it ranks against sector peers.

  • HFCL (Q1 FY27)

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Frequently Asked Questions

What were Vodafone Idea Q1 FY27 results?

Revenue growth guidance: Expecting double-digit revenue growth with a CAGR of around 16.8% over the next 3 years. Vodafone Idea targets sustained net additions, double-digit revenue growth, and a 3x increase in cash EBITDA over the next three years leading to FY29. - Guidance includes a CAGR of around 16.8% in top-line/revenue growth over three years. - Cash EBITDA for the quarter rose by 13.5% YoY and the company aims to triple this metric in three years. - ARPU (Average Revenue Per User) has grown 10.2% YoY; further organic ARPU growth is expected via upgrades from 2G to 4G/5G, and data plan premiumization. - EBITDA margins improved by 120 bps QoQ, indicating profitability improvement. - Continued investments in network expansion (~Rs.

What is Vodafone Idea share price analysis?

Vodafone Idea currently shows a below-average growth signal. The stock trades at a P/E of N/A with a market cap of ₹151,030 Cr. Investors should review the full earnings analysis for detailed insights.

Is Vodafone Idea planning capital expenditure?

Vodafone Idea has a capex plan of Rs.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.