Vodafone Idea Q1 results: loss, revenue estimates for 2026

What investors are tracking ahead of results

Vodafone Idea Ltd (VIL) is set to announce its June-quarter financial results after its board meeting scheduled for Monday, 10 August 2026. The stock has rallied 89% over the past one year, keeping attention high on both operational trends and funding-related costs. Bloomberg consensus expects another quarter of losses, while brokerage estimates differ on the depth of red ink. Alongside the results, the company has also communicated trading-window restrictions and a late-August AGM date, giving investors a clear corporate calendar.

Bloomberg consensus: loss likely to stay elevated

As per Bloomberg consensus estimates cited in the update, Vodafone Idea is expected to report a net loss of ₹5,391 crore for the quarter. Revenue for the quarter is pegged at ₹11,502 crore. These numbers reflect continued pressure from high fixed costs and financing expenses, even as revenues show only incremental movement. The same estimate set also provides a detailed view of cost lines expected to weigh on profitability, highlighting how sensitive the company’s quarterly performance remains to expense control.

Cost lines in focus: network, spectrum and finance

The estimate snapshot flags several large expense buckets. Network expenses and IT outsourcing costs are estimated at ₹2,421 crore. Licence fees and spectrum usage charges are estimated at ₹959 crore. Roaming and access charges are pegged at ₹1,096 crore. Finance costs are estimated at ₹4,717 crore, underlining the structural impact of funding costs on the profit and loss account. Together, these line items frame why headline revenue growth alone may not translate into a proportionate improvement in bottom-line performance.

Alternative street view: Kotak’s higher loss estimate

Kotak Institutional Equities, as cited, expects a larger Q1 loss of ₹6,608 crore. Kotak also estimates revenue to grow 3.5% year-on-year to ₹11,022 crore. Separately, another estimate in the provided text indicated an expectation that revenue could rise 1.8% quarter-on-quarter to about ₹11,500 crore, with reported EBITDA seen up 1.7% quarter-on-quarter at about ₹5,000 crore. The range of estimates shows that the market is watching small changes in revenue and EBITDA, but sees limited room to absorb finance costs.

What the quarterly table shows for the June 2025 quarter

A quarterly results table included in the provided data shows that for the fiscal period “Jun 25”, total revenue was ₹11,022.5 crore, compared with ₹11,332.0 crore in “Mar 26” and ₹10,508.3 crore in “Jun 24”. Net income for “Jun 25” is shown at -₹6,608.1 crore, versus -₹6,432.1 crore in “Jun 24”. Depreciation and amortisation for “Jun 25” is listed at ₹5,472.1 crore. The same table lists total operating expense at ₹11,882.5 crore for “Jun 25”. A separate line in the text also references ARPU rising to ₹177 alongside the net loss figure of ₹6,608 crore.

Board meeting, trading window and AGM: the timeline

Vodafone Idea has informed exchanges that its board will meet on 10 August 2026 to consider and approve the unaudited standalone and consolidated financial results for the quarter ended 30 June 2026. The company also said the trading window for its securities has been closed from 1 July 2026. It will remain closed until 48 hours after the results announcement, up to 12 August 2026 (both days inclusive). Separately, the company has scheduled its 31st Annual General Meeting for Thursday, 27 August 2026, to consider the financial results for the quarter ended June 2026 (Q1FY27), as stated in the update.

Recent quarter context: Q4FY26 revenue and exceptional profit

The provided information also lists Q4FY26 operational numbers. Revenue from operations stood at ₹11,332 crore in Q4FY26, with a year-on-year growth of 2.87%, and a marginal sequential move versus ₹11,323 crore in Q3FY26 (the company also noted a 2.3% sequential growth on an equal-day basis). EBITDA for the quarter is cited at ₹4,816 crore. Net profit for Q4FY26 is shown at ₹51,970 crore, and the text attributes this turnaround primarily to an exceptional gain.

FY26 reported PAT and the AGR reassessment impact

For the full year FY26, Vodafone Idea reported a standalone profit after tax (PAT) of ₹34,482 crore after accounting for a one-time gain arising from the AGR reassessment, as per the update. Total income for the year is stated at ₹44,949 crore, compared with ₹44,183 crore in FY25 and ₹42,383 crore in FY24. The company also noted that after adjustments required under Section 198 of the Companies Act, including adjustments for prior-period losses, it still had inadequate profits for remuneration purposes during FY26. This context matters because it separates reported accounting profits driven by exceptional items from the quarter-to-quarter operating picture tracked by the market.

Key numbers at a glance

Market impact: what the numbers can change immediately

With Vodafone Idea’s share price up sharply over the past year, investors are likely to focus on whether revenue and EBITDA trends align with the estimate range provided. Costs such as licence and spectrum usage charges, roaming and access charges, and especially finance costs are also central because they can keep net losses large even when revenue improves modestly. The company’s calendar items can also influence near-term trading liquidity, since the trading window is closed until after the results. Finally, the contrast between exceptional gains in recent reported profits and the expected operational loss profile keeps attention on underlying operating performance.

Conclusion

Vodafone Idea’s June-quarter announcement on 10 August 2026 comes with expectations of continued losses, with Bloomberg consensus pointing to a net loss of ₹5,391 crore on revenue of ₹11,502 crore. Brokerage views such as Kotak’s show a wider loss estimate, underscoring the sensitivity to costs and finance charges. Investors will also track the company’s post-result timeline, including the end of the trading-window closure on 12 August 2026 and the AGM scheduled for 27 August 2026.