Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Vodafone Idea Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 10,532 | 10,656 | 10,716 | 10,673 | 10,607 | 10,508 | 10,932 | 11,117 | 11,015 | 11,022 | 11,195 | 11,323 | 11,332 |
| Expenses + | 6,322 | 6,499 | 6,435 | 6,324 | 6,274 | 6,304 | 6,383 | 6,405 | 6,356 | 6,410 | 6,511 | 6,506 | 6,443 |
| Operating Profit | 4,210 | 4,156 | 4,282 | 4,349 | 4,333 | 4,205 | 4,550 | 4,712 | 4,659 | 4,612 | 4,684 | 4,817 | 4,889 |
| OPM % | 40% | 39% | 40% | 41% | 41% | 40% | 42% | 42% | 42% | 42% | 42% | 43% | 43% |
| Other Income + | 71 | 21 | 34 | 780 | 32 | 256 | 300 | 250 | 216 | 142 | 140 | 1,271 | 57,595 |
| Interest | 5,002 | 6,398 | 6,569 | 6,518 | 6,280 | 5,519 | 6,614 | 5,940 | 6,471 | 5,893 | 4,784 | 5,828 | 4,990 |
| Depreciation | 5,704 | 5,616 | 5,667 | 5,598 | 5,751 | 5,369 | 5,404 | 5,629 | 5,571 | 5,472 | 5,567 | 5,550 | 5,518 |
| Profit before tax | -6,424 | -7,837 | -7,920 | -6,987 | -7,666 | -6,427 | -7,168 | -6,607 | -7,167 | -6,611 | -5,527 | -5,290 | 51,976 |
| Tax % | -0% | 0% | 10% | -0% | 0% | 0% | 0% | 0% | 0% | -0% | -0% | -0% | 0% |
| Net Profit + | -6,419 | -7,840 | -8,738 | -6,986 | -7,675 | -6,432 | -7,176 | -6,609 | -7,167 | -6,608 | -5,524 | -5,286 | 51,970 |
| EPS in Rs | -1.32 | -1.61 | -1.79 | -1.44 | -1.53 | -0.95 | -1.03 | -0.95 | -1.00 | -0.61 | -0.51 | -0.49 | 4.80 |
Financials of Vodafone Idea Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 31,571 | 35,949 | 35,576 | 28,279 | 37,092 | 44,958 | 41,952 | 38,516 | 42,177 | 42,652 | 43,571 | 44,873 |
| Expenses + | 20,771 | 24,281 | 25,348 | 22,224 | 32,976 | 30,042 | 25,006 | 22,547 | 25,424 | 25,580 | 25,523 | 25,870 |
| Operating Profit | 10,800 | 11,668 | 10,227 | 6,054 | 4,116 | 14,916 | 16,946 | 15,968 | 16,753 | 17,072 | 18,049 | 19,003 |
| OPM % | 34% | 32% | 29% | 21% | 11% | 33% | 40% | 41% | 40% | 40% | 41% | 42% |
| Other Income + | 497 | 641 | 746 | 703 | 1,789 | -36,964 | -19,563 | 363 | 354 | 917 | 1,100 | 59,148 |
| Interest | 1,060 | 1,803 | 4,010 | 4,847 | 9,545 | 15,393 | 17,998 | 20,981 | 23,354 | 25,766 | 24,543 | 21,495 |
| Depreciation | 5,304 | 6,256 | 7,827 | 8,409 | 14,536 | 24,356 | 23,638 | 23,584 | 23,050 | 22,634 | 21,973 | 22,108 |
| Profit before tax | 4,933 | 4,250 | -863 | -6,499 | -18,175 | -61,797 | -44,253 | -28,234 | -29,298 | -30,410 | -27,368 | 34,548 |
| Tax % | 35% | 36% | -54% | -36% | -20% | 20% | -0% | 0% | 0% | 3% | 0% | -0% |
| Net Profit + | 3,193 | 2,728 | -400 | -4,168 | -14,604 | -73,878 | -44,233 | -28,245 | -29,301 | -31,238 | -27,383 | 34,552 |
| EPS in Rs | 2.70 | 2.30 | -0.34 | -2.91 | -5.08 | -25.71 | -15.39 | -8.79 | -6.02 | -6.23 | -3.84 | 3.19 |
| Dividend Payout % | 7% | 8% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Financials of Vodafone Idea Ltd
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3,598 | 3,601 | 3,605 | 4,359 | 8,736 | 28,735 | 28,735 | 32,119 | 48,680 | 50,120 | 71,393 | 108,343 |
| Reserves | 19,429 | 19,950 | 21,127 | 22,903 | 50,899 | -22,756 | -66,963 | -94,084 | -123,039 | -154,287 | -141,713 | -144,101 |
| Borrowings + | 26,859 | 40,541 | 55,055 | 57,985 | 125,940 | 114,996 | 201,720 | 213,761 | 237,766 | 243,809 | 233,229 | 192,528 |
| Other Liabilities + | 10,580 | 16,034 | 16,881 | 13,264 | 44,078 | 105,942 | 39,986 | 42,233 | 43,836 | 45,355 | 34,946 | 34,868 |
| Total Liabilities | 60,467 | 80,126 | 96,668 | 98,511 | 229,652 | 226,918 | 203,478 | 194,029 | 207,243 | 184,997 | 197,855 | 191,638 |
| Fixed Assets + | 35,540 | 65,190 | 76,763 | 79,692 | 177,800 | 185,836 | 167,490 | 156,819 | 156,255 | 140,125 | 141,320 | 156,906 |
| CWIP | 5,141 | 6,040 | 7,535 | 3,585 | 5,103 | 1,138 | 606 | 364 | 17,876 | 18,189 | 18,212 | 1,454 |
| Investments | 11,527 | 3,471 | 6,378 | 7,290 | 8,239 | 1,979 | 4 | 5 | 6 | 0 | 0 | 107 |
| Other Assets + | 8,260 | 5,425 | 5,991 | 7,944 | 38,511 | 37,964 | 35,378 | 36,841 | 33,105 | 26,683 | 38,323 | 33,171 |
| Total Assets | 60,467 | 80,126 | 96,668 | 98,511 | 229,652 | 226,918 | 203,478 | 194,029 | 207,243 | 184,997 | 197,855 | 191,638 |
Financials of Vodafone Idea Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 10,418 | 10,949 | 10,476 | 5,332 | 5,348 | 7,328 | 15,640 | 17,387 | 18,869 | 20,826 | 9,291 | 19,411 |
| Cash from Investing Activity + | -5,726 | -2,389 | -15,556 | -9,303 | -1,640 | -2,698 | 1,075 | -5,730 | -5,414 | -1,907 | -16,248 | -6,104 |
| Cash from Financing Activity + | 8,028 | -9,330 | 4,506 | 3,925 | -2,949 | -5,019 | -16,731 | -10,554 | -14,680 | -18,980 | 7,047 | -11,458 |
| Net Cash Flow | 12,720 | -770 | -574 | -46 | 758 | -389 | -17 | 1,103 | -1,224 | -61 | 89 | 1,849 |
| Free Cash Flow | 6,260 | 3,824 | 5,144 | -3,269 | -2,238 | -474 | 10,534 | 11,395 | 13,332 | 19,296 | -931 | 8,597 |
| CFO/OP | 107% | 101% | 109% | 95% | 123% | 33% | 88% | 100% | 105% | 105% | 49% | 102% |
Financials of Vodafone Idea Ltd
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 11 | 12 | 13 | 11 | 32 | 25 | 22 | 23 | 19 | 19 | 17 | 16 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 11 | 12 | 13 | 11 | 32 | 25 | 22 | 23 | 19 | 19 | 17 | 16 |
| Working Capital Days | -174 | -134 | -148 | -92 | -430 | -667 | -474 | -453 | -407 | -358 | -294 | -192 |
| ROCE % | 14% | 11% | 4% | -2% | -8% | -5% | -4% | -5% | -4% | -4% | -2% | -2% |