Vodafone Idea gets Rs 4,730 crore Aditya Birla boost as Vi returns to profit in Q4

Vodafone Idea Fundraising: Aditya Birla Group will infuse Rs 4,730 crore ($500 million) into Vodafone Idea through a preferential issue of fully convertible warrants, the telecom company said in an exchange filing on Saturday.

The board of Vodafone Idea approved the issuance of warrants to an Aditya Birla Group promoter entity. Each warrant can be converted into one fully paid-up equity share.

The fresh capital infusion comes at a time when the telecom operator is stepping up investments in network expansion and 5G rollout.

Vodafone Idea posts sharp turnaround in Q4FY26

Vodafone Idea also reported a net profit of Rs 51,970 crore for the March quarter of FY26, compared with a loss of Rs 5,286 crore in the previous quarter.

The profit was largely driven by a one-time accounting gain related to the reassessment of AGR liabilities and recognition of the present value of future AGR payments.

Revenue metrics also showed improvement during the quarter. Average Revenue Per User (ARPU) increased to Rs 190 from Rs 175 a year ago, reflecting better realisations and subscriber mix.

Vi shares end marginally lower

Shares of Vodafone Idea closed 0.15 per cent lower at Rs 12.95 on Friday. In comparison, the broader NIFTY 50 declined 0.19 per cent during the session.

The telecom company’s price-to-earnings ratio remained negative at around -5.66.

Vodafone Idea announces leadership changes

Alongside its quarterly results, Vodafone Idea announced changes in senior management. The company said Arvind Nevatia has resigned from the role of Chief Enterprise Business Officer to pursue opportunities outside the company. He will be relieved on or before July 28, 2026.

The board has approved the appointment of M.P. Sunil Kumar as the new Chief Enterprise Business Officer with effect from May 18, 2026.

The appointment was cleared following the recommendation of the Nomination and Remuneration Committee and will be treated as part of the company’s senior management personnel structure.