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HomeMarket NewsVodafone Idea Q4 Results: Another net loss likely; Fund raising plans in focus
Out of the 21 analysts that have coverage on Vodafone Idea, five of them still have a "buy" recommendation on the stock, four say "hold", while 12 of them have a "sell" recommendation.
Shares of Vodafone Idea are trading with losses of over 3.5% on Friday, May 30, ahead of the company's results for the March quarter that will be reported later in the day.
The company has been in the news recently after it warned that it may not be able to continue beyond the current financial year due to lack of government support.
Last week, the Supreme Court had dismissed a plea filed by the telecom companies seeking relief on the interest, penalty and interest on penalty on pending Adjusted Gross Revenue (AGR) dues.
For the December quarter, Vodafone Idea had reported a net loss of ₹6,609 crore, which was narrower than the loss of ₹7,175 crore that it had reported in the September quarter.
The tariff hikes taken by the company in 2024 reflected in the growth in its Average Revenue Per User (ARPU), which increased to ₹173 from ₹166 in the September quarter. That will be another key metric to watch out for this evening.
In an interaction with CNBC-TV18 on last Tuesday, former Bharti Airtel CEO Sanjay Kapoor called Vodafone Idea's situation 'precarious' and added that it is unlikely that the government would want to cross the 51% shareholding threshold in Vodafone Idea, as they already have a BSNL and MTNL to take care off.
Out of the 21 analysts that have coverage on Vodafone Idea, five of them still have a "buy" recommendation on the stock, four say "hold", while 12 of them have a "sell" recommendation.
Shares of Vodafone Idea are trading 3.4% lower ahead of the earnings announcement at ₹6.9. The stock is down close to 40% from its FPO price of ₹11 and more than 60% below its 2024-peak of ₹19.18.
First Published:
May 30, 2025 11:19 AM
IST
