Adobe Stock
Vodafone Idea (Vi) remains a stock that splits opinion. The Q1 FY26 numbers looked ugly at first glance as losses ballooned past Rs 6,600 crore. Yet, in typical market fashion, Vodafone Idea’s share price managed to climb nearly 5 per cent on the bourses today. Why? Because buried in the results were signs of an operator slowly tightening its game. Vodafone Idea Q1 FY26 performance report Metric Q1 FY26 Q1 FY25 YoY change Revenue (Rs crore) 11,023 10,655 3.5 per cent EBITDA (Rs crore) 4,612 4,187 10.1 per cent EBITDA margin (%) 41.8 39.3 250 bps Net loss (Rs crore) -6,608 -6,432 - 2.7 per cent ARPU (Rs) 177 153 15.7 per cent The widening loss grabbed headlines,





