Q2 2025 Vodafone Idea Ltd Earnings Call Transcript
Key Points
- Vodafone Idea Ltd (BOM:532822) reported a 4% revenue growth for the quarter, with customer revenues increasing by 5.6% due to recent tariff hikes.
- The company achieved its highest quarterly EBITDA since the merger, with a 10.5% improvement quarter-on-quarter, reaching INR23.2 billion.
- Significant network expansion was achieved with the addition of 42,000 4G sites, enhancing 4G data capacity by 14% and increasing 4G population coverage by 22 million.
- Vodafone Idea Ltd (BOM:532822) has secured deals worth INR300 billion with global partners Nokia, Ericsson, and Samsung for network equipment supply, supporting its three-year CapEx plan.
- The company is actively working on launching 5G services, with rollouts expected to begin in key geographies in Q4 FY25.
- Vodafone Idea Ltd (BOM:532822) experienced a loss of 5.1 million subscribers, partly due to increased port-outs to a competitor that did not participate in the tariff hike.
- The company reported a PAT loss of INR71.8 billion for the quarter, highlighting ongoing financial challenges.
- Despite network expansions, there was a decline in 4G and 5G subscribers, attributed to SIM consolidation and competition from BSNL.
- The company's debt from banks remains significant at INR32.7 billion, with deferred spectrum obligations and AGR liabilities totaling INR2,122.6 billion.
- Vodafone Idea Ltd (BOM:532822) is facing challenges in securing debt funding, with ongoing discussions with banks and the government regarding AGR liabilities and bank guarantee waivers.
Good afternoon, ladies and gentlemen. This is Dorvin, the moderator for your conference call. Welcome to the Vodafone Idea Limited earnings conference call for the quarter two FY25. (Operator Instructions)
Please note that this conference is being recorded.
We have with us today Mr. Akshaya Moondra, CEO of Vodafone Idea Limited; and Mr. Murthy GVAS, CFO of Vodafone Idea Limited, along with other key members of the senior management on this call. I want to thank the management team on behalf of all participants for taking valuable time to be with us.
Given that the senior management is on this conference call, participants are requested to focus on key strategic and important questions to make sure that we make good use of the senior management's time. I must remind you that the discussions on today's call may include certain forward-looking statements and must be viewed, therefore, in conjunction with the risks that the company faces.
With this, I now hand the conference over to Mr. Akshaya Moondra. Thank you, and over to you, sir.
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
