The submission was signed by Pankaj Kapdeo, Company Secretary, on 30 June 2026 at 15:38:45 IST.

Company Overview & Network Assets

The presentation provides a comprehensive overview of the company's scale and assets as of March 31, 2026:

  • Spectrum Holdings: ~8,030 MHz (includes 17.6 MHz of non-liberalized spectrum)
  • Network Sites: ~207,000 Unique locations
  • Optical Fibre Cable (OFC): 350,000+ km (including own built, IRU OFC and excluding overlapping routes)
  • Coverage: 487,000+ towns and villages covered; 1.2 Bn+ population coverage
  • Subscriber Base: ~193 Mn
  • 5G Coverage: 145+ cities with live 5G coverage in all 17 circles where the company holds 5G spectrum
  • Retail Presence: 650k+ retailers; 2.6k+ branded stores

The company highlights its 3 decades of telco expertise, strong promoters, and an improved credit rating of CRISIL A-/Stable as of May 2026.

Growth Opportunities & Market Context

The presentation outlines structural growth drivers in the Indian telecom market:

  • India is one of the world's fastest-growing major economies.
  • Large and growing population with increasing technology adoption.
  • Government push for India's Digital Revolution.
  • Wireless teledensity is over 81% (overall) and over 60% (rural).
  • Market structure consists of 3 private players + 1 Government player.
  • The presentation notes ~500+ Mn UPI customers powering transactions worth approx. ₹1 lakh Cr. daily and that 70% of individuals in India use the internet as of 2025.

VIL Strategy

The company's strategy is centered on a "17-5-5 Network Strategy," focusing on 17 key circles which account for ~99% of VIL revenue and ~92% of industry revenue.

Initiatives for subscriber growth and ARPU improvement include:

  • Brand reappraisal to build consumer preference and trust.
  • Expansion of the 'Vi Limitless' proposition to 20 circles.
  • Intensification of the 'Vi Nonstop Hero' drive across key markets.
  • Leveraging the CSK [Chennai Super Kings] partnership for brand visibility.
  • Strengthening the postpaid family proposition with 'Secondary member add on packs'.

Service Differentiation Initiatives:

  • i@50: Aims to empower customers with faster service by reducing assisted interactions by 50% at touchpoints. A 42% reduction in assisted customer complaints has been delivered to date. It also aims to eliminate repeat contact for the same issue, with a 74% reduction in interaction-related complaints.
  • ZIC (Zero Interaction Complaints): Focuses on reducing service disruptions through proactive detection and fixes.
  • Other initiatives include Super Agents (Gen AI + Emotional intelligence), Voice Biometric authentication, and AI-led initiatives for the contact center.

Enterprise Business Strategy focuses on:

  • Being a trusted partner for enterprises in the digital economy.
  • Driving segmented Go-To-Market (GTM) with industry vertical solutions.
  • Growing core connectivity through dedicated enterprise corridors and private networks.
  • Accelerating IoT through the IoT Smart Central platform and an innovation lab.
  • Investing in NextGen services like multi-cloud platform offerings and enriching the SaaS portfolio.

Q4FY26 and FY26 Financial & Operating KPIs

The presentation provides a detailed quarterly breakdown of key performance indicators for FY25 and FY26.

Operating KPIs:

  • Broadband Sites: Increased from 185,000 in Q4FY25 to 202,000 in Q4FY26.
  • Customer ARPU (excluding M2M): Showed consistent growth, rising from ₹175.3 in Q4FY25 to ₹189.9 in Q4FY26.
  • Subscriber Base (EOP): Declined from 198.2 Mn in Q4FY25 to 192.8 Mn in Q4FY26.
  • 4G/5G Subscribers: Increased from 126.4 Mn in Q4FY25 to 128.9 Mn in Q4FY26.
  • Data Usage: Grew significantly from 63.8 Pb/Day in Q4FY25 to 83.0 Pb/Day in Q4FY26.

Financial KPIs (in ₹ Cr):

  • Revenue: Increased from ₹11,014 in Q4FY25 to ₹11,332 in Q4FY26.
  • Equal day basis revenue: Grew from ₹122.4 in Q4FY25 to ₹125.9 in Q4FY26.
  • EBITDA: Increased from ₹4,660 in Q4FY25 to ₹4,889 in Q4FY26.

Disclaimer

The presentation includes a standard disclaimer stating it is for general information purposes only and does not constitute an offer or recommendation to buy or sell securities. It contains forward-looking statements subject to various risks and uncertainties. The information is current as of the dates specified and has not been independently verified. The contents are confidential and not for publication or distribution in the United States.