5328222026-01-012026-03-315328222026-03-315328222025-03-315328222025-04-012026-03-315328222026-01-012026-03-31in-capmkt:OtherExpenses1Member5328222026-01-012026-03-31in-capmkt:OtherExpenses2Member5328222026-01-012026-03-31in-capmkt:OtherExpenses3Member5328222026-01-012026-03-31in-capmkt:OtherExpenses4Member5328222026-01-012026-03-31in-capmkt:OtherExpenses5Member5328222025-04-012026-03-31in-capmkt:OtherExpenses1Member5328222025-04-012026-03-31in-capmkt:OtherExpenses2Member5328222025-04-012026-03-31in-capmkt:OtherExpenses3Member5328222025-04-012026-03-31in-capmkt:OtherExpenses4Member5328222025-04-012026-03-31in-capmkt:OtherExpenses5Member5328222026-03-31OtherNoncurrentFinancialAssetsDomain15328222026-03-31OtherNoncurrentAssetsDomain15328222026-03-31OtherCurrentFinancialAssetsDomain15328222026-03-31OtherCurrentAssetsDomain15328222026-03-31OtherNoncurrentFinancialLiabilitiesDomain15328222026-03-31OtherNoncurrentFinancialLiabilitiesDomain25328222026-03-31OtherNoncurrentLiabilitiesDomain15328222026-03-31OtherCurrentFinancialLiabilitiesDomain15328222026-03-31OtherCurrentFinancialLiabilitiesDomain25328222026-03-31OtherCurrentLiabilitiesDomain15328222026-01-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15328222025-04-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15328222026-01-012026-03-31AuditorDomain15328222026-01-012026-03-31AuditorDomain2iso4217:INRiso4217:INRxbrli:shares532822IDEANOTLISTEDINE669E01016Vodafone Idea LimitedMain BoardEquity2025-04-012026-03-312026-05-162026-05-12INRCroresQuarterlyFourth quarterSingle segment Mobility2026-05-1615:00:002026-05-1617:00:00trueCash Flow IndirectDeclaration of unmodified opinion2026-01-012026-03-31AuditedConsolidated113320000000104000000011436000000004000000005830000000499000000005518000000058560000000169510000000-5515000000057491000000051976000000080000000-2000000060000000051970000000000005197000000001600000005198600000001083430000000104.84.8004.84.8Notes <BR> <BR> 1. The above audited consolidated financial results of Vodafone Idea Limited, its subsidiaries (the Group), joint venture and associates, as reviewed by the Audit Committee of the Board, were approved and taken on record by the Board of Directors at their meeting held on May 16, 2026. <BR> <BR> 2. The DoT, vide its communication dated January 27, 2026 confirmed that the AGR dues frozen as on December 31, 2025 amount to Rs. 87,695 Cr, and were subject to further reassessment. The Company received a communication from DoT on April 30, 2026 stating that the Committee formed for the purpose of reassessment finalized the AGR dues at Rs. 64,046 Cr for the FY 2006-07 to 2018-19 as on December 31, 2025. <BR> <BR> The AGR payments for Rs. 64,046 Cr are to be made as below: <BR> - Minimum Rs. 100 Cr annually over 4 years i.e. March 2032 to March 2035; <BR> - Rs. 10,608 Cr annually over 6 years i.e. March 2036 to March 2041. <BR> <BR> In addition, the Company has to pay Spectrum Usage Charges (“SUC”) amounting to Rs. 609 Cr with interest in respect of FY 2017-18 and FY 2018-19 in six annual instalments of Rs. 124 Cr between i.e. March 2026 and March 2031. Accordingly, the Company paid Rs. 124 Cr in March 2026. <BR> <BR> Consequently, in accordance with Ind AS 109, the financial liability of Rs. 80,502 Cr as at December 31, 2025 was derecognized and revised financial liability of Rs. 24,880 Cr was recognized, which is the present value of future payments as stated above. The resulting difference of Rs 55,622 Cr (including impact of reassessed amount) along with net impact of other related provisions has been credited to statement of Profit & Loss and disclosed under “Exceptional items” in the financial results for the quarter and year ended March 31, 2026. <BR> <BR> 3. The Group has incurred loss of Rs. 24,059 Cr before exceptional items and tax for the year ended March 31, 2026 and the group’s net worth stands at negative Rs. 35,758 Cr as at that date. <BR> <BR> - As at March 31, 2026, the Group’s outstanding debt from banks and others (including interest accrued but not due) is Rs. 4,127 Cr and instalments payable, as scheduled, by March 2027 is Rs 726 Cr and interest thereon. <BR> <BR> - As at March 31, 2026, Deferred payment obligation (including interest accrued but not due) of Rs. 127,360 Cr towards Spectrum and Rs. 25,254 Cr towards AGR (as mentioned in note 2 above). The instalments payable against these deferred payment obligations, as scheduled by March 2027 is Rs. 7,076 Cr. <BR> <BR> - As of date, the Group has met all its debt obligations payable to its lenders / banks and financial institutions along with applicable interest. The Group is in discussion with banks to raise additional funds as required. <BR> <BR> Based on recent developments with respect to AGR matter as mentioned in Note 2 above, the Group is confident of generating sufficient cash flow from operations to meet its obligations including lenders, spectrum and AGR dues payable over the next 12 months as and when they fall due. Accordingly, these consolidated financial results have been prepared on a going concern basis. <BR> <BR> 4. As at December 31, 2025, assets include amounts recorded as recoverable from the promoters of erstwhile Vodafone India Limited (“VInL”) under the Implementation agreement (IA) executed on March 20, 2017 which was amended as on December 31, 2025. A portion of the Settlement amount is secured through the earmarking of 328 Cr equity shares of the Company by certain Vodafone Group entities for a period of five years. Proceeds from sale of these shares as and when undertaken, at the instructions of a person authorised / appointed by the Company, will accrue to the Company. <BR> <BR> During the quarter, the fair market value of such earmarked shares on March 31, 2026 stands at Rs. 2,619 Cr (arrived basis closing market price adjusted for transaction and other incidental cost) resulting in net loss of Rs. 683 Cr for the quarter ended March 31, 2026, on remeasurement of such Settlement assets which has been disclosed under “Exceptional Items”. <BR> <BR> For the year ended March 31, 2026, in addition to remeasurement of such settlement assets, certain provisions were written back, and a net gain of Rs 545 Cr has been disclosed as “Provisions written back net of loss on remeasurement of Settlement assets” under “Exceptional Items”. <BR> <BR> 5. The Group operates only in one reportable segment i.e. Mobility and hence no separate disclosure is required for Segments. <BR> <BR> 6. The Government of India has consolidated 29 existing labour legislations into a united framework comprising four Labour Code viz Code on wages 2019, Code on Social Security 2020, Industrial Relation Code 2020, and Occupational Safety, Health and Working Condition Code 2020 (collectively referred to as the Labour Codes). These Codes have been made effective from November 21, 2025. The labour codes, amongst other things introduces changes, including a uniform definition of wages. The Group had initially estimated the financial implications of these changes which resulted in increase in gratuity and leave liability arising out of past service cost during the quarter ended December 31, 2025. Subsequently, based on the detailed evaluation undertaken during quarter ended March 31, 2026, and updated actuarial assessment, the Group has reassessed such financial impact of Rs. 101 Cr for the year ended March 31, 2026, which has been disclosed under “Exceptional Items”. <BR> <BR> 7. The consolidated financial results for the quarters ended March 31, 2026 and March 31, 2025 respectively are balancing figures between audited results for the full financial year and the published year to date figures upto the third quarter of the respective financial years. <BR> <BR> 8. Previous period figures have been regrouped and rearranged wherever necessary. <BR> <BR> <BR> <BR> For and on behalf of the Board of Directors of <BR> VODAFONE IDEA LIMITED <BR> Kumar Mangalam Birla <BR> Non-Executive Chairman <BR> <BR> Date: May 16, 2026 <BR> Place: Mumbai <BR> 2025-04-012026-03-31AuditedConsolidated4487300000005410000000454140000000060000000023370000000214950000000221080000000235270000000694730000000-240590000000586070000000345480000000110000000-150000000-4000000003455200000000000345520000000120000000345640000000108343000000010-14410100000003.213.21003.213.21Network Expenses and IT Outsourcing Costs23450000000License Fees and Spectrum Usage Charges9740000000Roaming & Access Charges10910000000Marketing, Content, Customer Acquisition & Service Costs11940000000Other Expenses2520000000Network Expenses and IT Outsourcing Costs94180000000License Fees and Spectrum Usage Charges38510000000Roaming & Access Charges45010000000Marketing, Content, Customer Acquisition & Service Costs47180000000Other Expenses1039000000064240000000014540000000078846000000013820000000000335600000003356000000017000000080290000000169762000000021000000010700000001969000000021060000000362500000000213100000009938000000010000000011907000000021876000000019163800000001083430000000-1441010000000-357580000000-357580000000145748000000041514000000018726200000005400000008000000038300000001877070000000370700000000882600000008826000000021283000000033816000000055970000000170000000259000000039689000000022739600000001916380000000Notes for Asset Liabilities: <BR> 1. Current borrowings include - Loans from banks and others(3275) and Deferred payment obligations(142473). <BR> <BR> Notes for Cash flow Indirect <BR> 1. "Other Adjustments for non-cash items(-58417)" in order to derive cash flows from operations include- bad debts/advances written off(126), allowances for doubtful debts and advances(108), liabilities no longer required written back(-44),modification gain on deferred payment obligation towards AGR(-58116) reversal of integration and merger related costs(-38), impact of labour code(101) , provision written back(-545) and others(-9). <BR> <BR> 2. "Other inflows (outflows) of cash(3890)" under cash flows from investing activities include- <BR> payment of deferred payment obligation towards spectrum(-589), net purchase of current investment(--72) and (placement)/maturity for Fixed deposits with bank having original maturity of 3 to 12 months(4551). <BR> <BR> <BR> 3. "Other inflows (outflows) of cash(-126)" under cash flows from financing activities include - Payment of share issue expense towards issue of equity share capital(-2) and payment of deferred payment obligation pursuant to AGR judgement(-124).Other financial assets33560000000Other assets80290000000Other financial assets21310000000Other assets119070000000Lease liabilities362210000000Other financial liabilities52930000000Other liabilities3830000000Lease liabilities68520000000Other financial liabilities144310000000Other liabilities55970000000214950000000-200000000-16200000000-3530000000-1550000000-409800000004318000000021350000000-97900000000-6520000000-4700000002210800000000-460000000500000003000000040000000005060000000000-17900000000-5841700000000-155460000000190020000000000-409000000001941100000000000000016500000001097900000000000000000000000008200000000038900000000-610400000000000000327100000000160000000001022300000000278000000000-1260000000-11458000000018490000000018490000000257000000021060000000Re-measurement gains/(losses) of defined benefit plans160000000160000000Re-measurement gains/(losses) of defined benefit plans12000000012000000000160000000120000000AuditedtrueS.R. Batliboi & Associates LLPtrue2024-07-31S.R. Batliboi & Associates LLPtrue2027-07-31