Why did Vodafone Idea (IDEA) stock move recently?

On 9/7/2026, Vodafone Idea moved +4.0% — Shares rose after the Supreme Court dismissed the Centre's appeal seeking to revive a Rs 363 crore GST demand against the company, upholding a Bombay High Court ruling that proceedings against a merged entity were invalid. The stock touched a 25-month high of Rs 15.65 on heavy volume. This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is Vodafone Idea (IDEA) overvalued or fairly valued?

MarketChacha shows Vodafone Idea's valuation in context — a forward P/E of about -9.7 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is Vodafone Idea's revenue?

Vodafone Idea reported revenue of ₹44,385 Cr for FY2026, with net profit of ₹34,482 Cr, per official filings.

What is the share price of Vodafone Idea (IDEA)?

Vodafone Idea last traded at ₹14.22 (-1.6% on the day), as of 9/17/2026 — a delayed quote shown for education, not investment advice.

Vodafone Idea

IDEA · NSE · Telecom · India

Snapshot

TickerIDEA

ExchangeNSE

SectorTelecom

IndustryTelecom Services

CountryIndia

CEOMr. Abhijit Kishore

Employees9,500

HeadquartersMumbai, India

Websitewww.myvi.in

Filings tracked22

About Vodafone Idea

Vodafone Idea Limited, together with its subsidiaries, provides telecommunication services to individuals, communities, and businesses in India. The company offers voice services, such as 4G VoLTE and Voice over WIFI calling; broadband data services on 4G and/or 5G technology; and content and digital products and services, including subscription, digital advertising, gaming, digital marketplace, and utility bill payment app, as well as other value-added services (VAS), caller tunes, missed call alert, and voice and short messaging services; and long distance and internet service provider services. It also engages in renting of passive infrastructure to telecommunication service providers; business of prepaid payment instruments (PPI) and business correspondence; outsourcing backend IT support, data centre operations, and hosting; and provision of high-speed broadband internet access through cable network and high bandwidth internet broadband, and manpower services. In addition, the company trades in mobile handsets, data cards, telecommunication hardware, and related accessories and services; provision of outsourcing services for finance and accounts, human resources, supply chain management, credit and collection support, and customer support; and caters to the information technology (IT) needs for data consolidation. Further, it offers technology, software, hardware, value added services (VAS), application software, and contents and related products and services, which facilitate and develop access to IT enabled VAS products and services on single or multiple platforms or operating systems; mobile wallet and money transfer services; and data centre related services and IT solutions, including E-SIMs activation, as well as prepaid and postpaid plans. The company was formerly known as Idea Cellular Limited and changed its name to Vodafone Idea Limited in August 2018. Vodafone Idea Limited was incorporated in 1995 and is based in Mumbai, India.

Who owns it

Promoters74.6%
Institutions9.8%
Public & other15.6%

158 institutional holders

Ownership breakdown from public market data. Promoter pledge is not included here — that comes from exchange shareholding filings.

Forensic scorecard

Recent reported profit includes sizeable one-off / non-operating items — the underlying operating trend may differ from the headline.

Net margin trend-69.5% → -62.8%

Margin has expanded by about 6.6 points — the business is getting more profitable.

One-off items2 of last 3 yrs

Recent reported profit includes sizeable one-off / non-operating items — the underlying operating trend may differ from the headline.

Computed by MarketChacha from reported figures (Yahoo Finance). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev ₹12,528 Cr · EPS -0.41

Est. earnings growth +30.1%

Next fiscal year

Rev ₹56,010 Cr · EPS -1.47

Est. earnings growth +16.3%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: Yahoo Finance

Annual

Quarterly · last 5

Revenue (FY2026)

₹44,873 Cr

Revenue CAGR (3y)

+2.1%

Net profit (FY2026)

₹34,552 Cr

Ask MarketChacha about IDEA

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Why it moved

Sep 7, 2026
Shares rose after the Supreme Court dismissed the Centre's appeal seeking to revive a Rs 363 crore GST demand against the company, upholding a Bombay High Court ruling that proceedings against a merged entity were invalid. The stock touched a 25-month high of Rs 15.65 on heavy volume.
source 1 ↗source 2 ↗· confidence: high
Sep 2, 2026
Vodafone Idea shares rose after the company unveiled a refreshed brand identity with a new logo and named Shah Rukh Khan as its brand ambassador for the campaign 'Vi badal raha hai... tayaar rahiye'.
source 1 ↗source 2 ↗source 3 ↗· confidence: high
Jun 24, 2026
Vodafone Idea fell with no clear company-specific negative catalyst; recent positive buzz around potential AMFI large-cap upgrade and warrant allotment did not prevent the decline, suggesting broader market or sector movement.
source 1 ↗source 2 ↗· confidence: low

Daily moves with the verified reason behind them. Education only — not investment advice.

On MarketChacha

Posts about IDEA

Financials

Yearly

Period	Revenue	Net profit	Net margin
FY2026	₹44,873 Cr	₹34,552 Cr*	—
FY2025	₹43,571 Cr	₹-27,383 Cr	-62.8%
FY2024	₹42,652 Cr	₹-31,238 Cr	-73.2%
FY2023	₹42,177 Cr	₹-29,301 Cr	-69.5%

* Net profit includes one-off / non-operating items (e.g. a settlement or accounting gain), so it doesn’t reflect operating performance — net margin is hidden for that period.

Quarterly

Period	Revenue	Net profit	EPS	Net margin
Q1 FY27	₹11,689 Cr	₹-3,754 Cr*	-0.35	-32.1%
Q4 FY26	₹11,332 Cr	₹51,970 Cr*	—	—
Q3 FY26	₹11,323 Cr	₹-5,286 Cr	—	-46.7%
Q2 FY26	₹11,195 Cr	₹-5,524 Cr	—	-49.3%
Q1 FY26	₹11,023 Cr	₹-6,608 Cr	—	-60.0%

* Net profit includes one-off / non-operating items (e.g. a settlement or accounting gain), so it doesn’t reflect operating performance — net margin is hidden for that period.

Figures as reported, in ₹ (crore). Source: Yahoo Finance.

Filings & announcements

2026

Intimation Pursuant To Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
BSE9/16/2026
Intimation Pursuant To Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
BSE9/15/2026
Investor Presentation
Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 - Investor Presentation
BSE9/15/2026
Disclosure Under Regulation 30 Of SEBI Listing Regulations - ESG Rating Of The Company
Vodafone Idea has informed the Exchange regarding ESG Rating of the Company for FY 2026 by CRISIL ESG Ratings and Analytics Limited
BSE8/31/2026
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
Voting results together with Scrutinizer''s report for the Annual General Meeting held on 27 August 2026 are enclosed
BSE8/28/2026material
Shareholder Meeting / Postal Ballot-Outcome of AGM
Vodafone Idea has informed the Exchange about the proceedings of Annual General Meeting held on 27 August 2026
BSE8/27/2026material
Rumour verification - Regulation 30(11)
Clarification on news article appearing in mainstream media
BSE8/25/2026
Clarification sought from Vodafone Idea Ltd
The Exchange has sought clarification from Vodafone Idea Ltd on 2026-08-25, with reference to news appeared in https://www.moneycontrol.com/ dated 2026-08-25 quoting "Delhi HC raps I-T ....
BSE8/25/2026material
Monitoring Agency Report
The Company has informed the Exchange about Monitoring Agency Report for the Quarter ended 30 June 2026
BSE8/10/2026
Change in Management
Please find enclosed the attached document
BSE8/10/2026
Change in Directorate
The Company has informed the Exchange regarding change in Independent Directors.
BSE8/10/2026
Quarterly Report For The First Quarter Ended 30 June 2026
The Company has informed the exchange regarding Quarterly Report for the first quarter ended 30 June 2026.
BSE8/10/2026
Unaudited Financial Results For The First Quarter Ended 30 June 2026
Board of Directors at their meeting held on 10 August 2026, interalia, approbved the Unaudited Financial Results (Standalone and Consolidated) for the First Quarter ended 30 June 2026
BSE8/10/2026
Board Meeting Outcome for Board Meeting Outcome For Unaudited Financial Results For The First Quarter Ended 30 June 2026
Board of Directors at their meeting held on 10 August 2026, interalia, approved the Unaudited Financial Results (Standalone and Consolidated) for the First Quarter ended 30 June 2026
BSE8/10/2026
Letter To Shareholders
Vodafone Idea Limited has informed the exchange regarding letter being sent to shareholders
BSE8/4/2026
Business Responsibility and Sustainability Reporting (BRSR)
Enclosed is the Business Responsibility and Sustainability Report along with Independent Assurance report for the Financial Year 2025-26
BSE8/4/2026
Annual General Meeting Of Vodafone Idea Limited Will Be Held On Thursday, 27 August 2026 Through Video Conferencing
Annual General Meeting of Vodafone Idea Limited will be held on Thursday, 27 August 2026 at 4:30 P.M. through Video Conferencing
BSE8/4/2026material
Reg. 34 (1) Annual Report.
Please find enclosed herewith the Notice of 31st Annual General Meeting of the Company along with the Annual Report for the Financial Year 2025-26
BSE8/4/2026
Annual General Meeting Of Vodafone Idea Limited To Be Held On 27 August 2026
The 31st Annual General Meeting of the members of Vodafone Idea Limited will be held on 27 August 2026 through Video Conference
BSE7/30/2026
Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations') - Grant Of Stock Options
Vodafone Idea Limited has informed the Exchange regarding grant of Stock Options
BSE7/13/2026
Investor Presentation
Vodafone Idea Limited has informed the exchange regarding Investor Presentation
BSE6/30/2026
Allotment
Vodafone Idea has informed the exchange regarding allotment of 430 Crore warrants to Suryaja Investments Pte. Ltd., (an Aditya Birla Group entity and a member of the Promoter Group) on ....
BSE6/22/2026

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.