Vodafone Idea in Talks with Government on AGR Relief After Supreme Court Setback

Vodafone Idea in talks with government on AGR relief after Supreme Court setback

The telco incurred a capex of Rs 4,230 crore in the January–March quarter—its highest since the 2018 merger of Vodafone India and Idea Cellular.

Vodafone Idea CEO Talks About AGR Relief from Govt

Vodafone Idea’s CEO, Akshaya Moondra, in the recent earnings call talked about the relief from adjusted gross revenue (AGR) dues.

Engaged with govt to find solution to AGR issue post plea dismissal by SC: Vodafone Idea CEO

New Delhi: Vodafone Idea (VIL) on Monday said it is engaged with the Centre to find a solution to the AGR issue, with CEO Akshaya Moondra stating he sees no reason why the government should be constrained in any way to offer relief. During VIL's investor call post Q4 and FY25 earnings, Moondra said the Average Revenue Per User (ARPU) in India is the lowest globally, and that industry's returns are below cost of capital. The VIL top boss stressed…

Vi's Loss Down in Q4FY25, Amid Most Avg Daily Revenue In 5 Yrs

Vodafone Idea (Vi) reported a loss after tax of Rs 7,166 crore in the fourth quarter of the financial year 2024-25 ending in March 2025 (Q4FY25), a 6.62% year-on-year (YoY) decrease in the company’s losses compared to the same quarter last year. While the losses decreased on a YoY basis, Vi’s losses increased by 8.42% when looking at a quarter-on-quarter (QoQ) basis.  Vi’s revenue from operations increased by 3.83% YoY, reaching Rs 11,013.5 cror…