Vodafone Idea shares rally 5%, skyrocket 76% in 6 months; here’s what investors should know

Vodafone Idea (Vi) shares rallied nearly 5% to touch an intraday high of ₹11.66 on Monday, February 9, as Kumar Mangalam Birla bought stakes in the telecom firm.

Previously, Birla owned a 0.02% stake in the company. The promoter and promoter groups collectively owned a 25.57% stake in the telecom firm, while the rest of the 74.43% stake was held by the public.

Meanwhile, official data shared with Parliament last week shows that the total liability on debt-ridden Vodafone Idea stands at ₹89,952 crore. Vi’s AGR dues pertaining to the period from FY2006–07 to FY2018–19 have been frozen at ₹87,695 crore.

Vodafone Idea share price

At 2:35 PM, Vodafone Idea shares were trading at ₹11.58 apiece on the National Stock Exchange, gaining 4.14%.

For a month’s time, the telecom firm’s shares have gained 3%. In the last six months, the stock has skyrocketed 76%. On a year-on-year basis, Vodafone Idea shares have advanced over 27%.

The stock had touched its 52-week high of ₹12.8 on December 31, 2025, while its one-year low of ₹6.12 was hit on August 14, 2025.

The company’s market capitalisation stands at ₹1.25 lakh crore.

Vodafone Idea Q3 earnings

Vodafone Idea’s consolidated net loss narrowed to ₹5,286 crore in the third quarter ended December 2025 as compared to ₹6,609 crore in the same period last year. The improvement is mainly on account of service upgrades by customers.

The company's subscriber base declined by 3.4% on a YoY basis to 19.29 crore from 19.98 crore. However, Vi saw an increase in postpaid and 4G/5G subscribers. The company's postpaid subscriber base increased by 14.2% to 2.88 crore from 2.52 crore a year ago. The 4G and 5G subscriber base increased to 12.85 crore from 12.6 crore on a YoY basis.

Vi said its user revenue, or ARPU (average revenue per user), rose 7.3% year-on-year to ₹186 in the reported quarter from ₹173 in the quarter ended December 2024, mainly due to customer upgrades.

Consolidated revenue from operations remained almost flat at ₹11,323 crore during the latest third quarter compared to ₹11,117 crore a year ago. During the quarter, the company received relief from the government, leading to the freezing of its adjusted gross revenue liability at ₹87,695 crore, which will also be reassessed.