Vodafone Idea moves Supreme Court seeking to reassess AGR dues: Report

The report further stated that promoters Aditya Birla Group (ABG) and the UK’s Vodafone will have the option to dilute their stake, as the government wants to stay invested for some more time.

Vodafone Idea's AGR dues

Vodafone Idea owes nearly ₹83,400 crore in AGR dues and the annual payments currently stand at ₹18,000 crore, scheduled from March 2026. When combined with interest and penalties, Vodafone Idea’s dues stand at more than ₹2 lakh crore.

As per the report, one of the relief options is an additional two-year pause on paying the statutory dues under moratorium at present. The DoT has proposed to give the company extra time to pay its dues, along with smaller annual payouts and a waiver on penalties and interest penalties on AGR payment, the report said.

Vodafone Idea Q1 earnings

Vodafone Idea last moth reported that its net loss in the first quarter of current financial year (Q1FY26) widened to ₹6,608 crore from loss of ₹6,432 crore in the same period last year. On a sequential basis, however, its loss narrowed from ₹7,166 crore in the previous quarter.

Vodafone Idea's revenue from operations rose 5% annually in April-June period to ₹11,008 crore from ₹10,487 crore in the year-ago period.

During the quarter, Vodafone Idea launched 5G services in 22 cities across 13 circles. The company's average revenue per user (ARPU), a key metric of telecom firm's profitability, improved to ₹177 per month as against ₹154 in Q1FY25.

Vodafone Idea's 4G/5G subscriber base increased to 127.4 million from 126.7 million in the corresponding period last year.

Vodafone Idea's debt from banks reduced to ₹1,930 crore and it entered into a strategic partnership with AST SpaceMobile to bring direct-to-device satellite broadband connectivity in the remote areas where there are no terrestrial networks.

Vodafone Idea shares ended 0.55% higher at ₹7.27 on Tuesday.