Vodafone Idea Limited, a major telecom operator in India headquartered in Maharashtra, continues to face pressure on its share price ahead of its Q4 FY25 results, expected on May 30, 2025. The company struggles with heavy losses, subscriber decline, and significant debt, raising concerns for investors about trading this stock in the near term.
Vodafone Idea Limited (Vi), one of India’s leading telecom service providers, remains under significant pressure as its share price continues to struggle ahead of the company’s Q4 financial results scheduled for May 30, 2025. The Mumbai-based company, which has been grappling with mounting losses and a shrinking subscriber base, is expected to report a net loss exceeding ₹7,000 crore for the March quarter of the financial year 2024-25.
Analysts anticipate a modest year-on-year improvement in performance compared to the previous year, but losses are still projected to remain high. JM Financial forecasts a Q4 net loss of approximately ₹7,420 crore, slightly better than ₹7,675 crore reported last year, but worse than the ₹6,609 crore loss in the previous quarter. Revenue is expected to grow 2.6% year-on-year to ₹10,886 crore, despite a sequential decline of 2.1%, primarily due to ongoing subscriber attrition.
Kotak Institutional Equities concurs, projecting a loss of ₹7,466 crore and a net sales figure near ₹10,899 crore. The subscriber base is estimated to have declined by 4.2 million, although the company has gained 2 million mobile broadband users, indicating a shift in customer focus.
Average revenue per user (ARPU) is forecasted to hold steady at ₹163, which is significantly lower than competitors Bharti Airtel’s ₹245 and Reliance Jio’s ₹206.2 for the same period, highlighting Vi’s challenges in monetizing its user base.
Vodafone Idea continues to face headwinds, including a recent Supreme Court ruling denying a waiver on adjusted gross revenue (AGR) dues interest and penalties, further complicating its financial recovery efforts. The company’s board is expected to consider fresh fundraising measures amid the mounting debt.
From a market perspective, Vodafone Idea’s share price has fallen 63% from its 52-week high of ₹19.15 to ₹7.12 as of the last close. Technical analysis suggests continued weakness with the stock likely to test critical support levels around ₹5.7. Experts advise caution, as any short-term rallies between ₹8 to ₹8.5 could face renewed selling pressure.
Investors are advised to approach Vodafone Idea stock cautiously ahead of the Q4 results, considering the persistent operational and financial challenges.
