Vodafone Idea aims for over 35% margin with ₹45,000 cr

Business May 18, 2026

Vodafone Idea is aiming to raise its operating margin from 20% to over 35% in the next three to four years.
Its game plan? Grow revenue, bump up tariffs, keep more customers around, and invest ₹45,000 crore into better networks.

Vodafone Idea reports ₹51,970 cr profit

So far, network upgrades have helped Vodafone Idea hold onto more users—especially in places like Maharashtra, Gujarat, and Kerala.
Last quarter, it reported a hefty net profit of ₹51,970 crore (thanks mostly to a one-time gain), with revenue at ₹11,332 crore and an EBITDA margin of 43.1%.
To fuel future growth, it's lining up ₹25,000 crore in loans from SBI-led banks and pushing for more users to switch from old-school feature phones to smartphones.