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Vodafone Idea Limited

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Vodafone Idea reported a significant surge in net profit for the fourth quarter of fiscal year 2026, driven by a substantial gain related to the reassessment of its adjusted gross revenue (AGR) liability, now finalized at ₹64,046 crore. The company’s revenue from operations increased by 2.9% year-over-year, accompanied by improvements in EBITDA and average revenue per user (ARPU). Vodafone Idea is pursuing a fundraising initiative through a preferential issue of warrants to an Aditya Birla Group entity and has partnered with PhysicsWallah to offer bundled digital learning plans. Furthermore, Kumar Mangalam Birla has been appointed as the new Chairman, succeeding Ravinder Takkar.