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Vodafone Idea capex plans get sails from ₹6,400 crore funding push
['Business Standard']
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Vodafone Idea will hasten the pace of capex deployments, having secured Rs 6,400 crore as the first tranche of funding from banks in the quarter ended June 2026.
“We have already placed orders worth Rs 9,000 crore for capex till now, which also includes the capex undertaken in Q1FY27 of Rs 1,930 crore.
“The broader financial architecture that supports our capex plan of Rs 45,000 crore over the next three years... is built on three cohorts.
I am happy to share that we have successfully raised our first tranche of funding,” Kishore said.
Revenue from operations grew about 6 per cent annually to Rs 11,689 crore from Rs 11,023 crore, beating estimates.