Vodafone Idea shares jump most in over 5 months, here is why stock jumped 13% on Friday

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.

At present, the government owns a 48.99% stake in the debt-laden firm, having converted some of its past dues into equity, while ABG and Vodafone hold 9.50% and 16.07%, respectively.

However, Minister of State for Communications Chandra S. Pemmasani last month had ruled out any further relief to the debt-laden telecom operator.

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

As per experts, a collapse of Vi could result in a two-player telecom market in India dominated by Reliance Jio and Bharti Airtel.

At 2:35 PM, the stock was trading at ₹7.32 per share on the National Stock Exchange, soaring 10.74%. Over a month’s period, VI shares have gained 5%, while for a six-month period, they have fallen 7.51%.

Debt-ridden Vodafone Idea had reported widening of its consolidated loss to ₹6,608 crore in the first quarter ended June 30, 2025 (Q1 FY26), mainly on account of an increase in finance cost and government levies.

VIL's finance cost increased by about 7%, or ₹374 crore, on a year-over-year (YoY) basis to ₹5,892.8 crore from ₹5,518.6 crore logged in the year-ago period, which added to the loss of Rs 6,426.7 crore it posted in the June 2024 quarter, according to a company filing.

The licence fees and spectrum usage charges payable to the government increased by about 6% to around ₹947 crore during the reported quarter from around ₹892 crore a year ago.

Revenue from operations of Vodafone Idea (VIL) increased by about 5% to ₹11,022.5 crore during the quarter under review from ₹10,508.3 crore in the year-ago period, mainly on account of a 15% increase in average revenue per user (ARPU) to ₹177 in the reported quarter from ₹154 in the June 2024 quarter.