Indian telecom major Vodafone Idea, which has been struggling to keep up with its debts, has disclosed key details in relation to its Adjusted Gross Revenue (AGR) due repayments. From March 2026 to March 2031, the DoT has directed the key telecom major to pay Rs 124 crore annually. Following the announcement, the company’s stock surged to an intraday high of over 8% at Rs 12.52.
As per the company’s exchange filing, its AGR dues from FY07 – FY19 will remain frozen from December 31, 2025. These dues, aggregating to nearly Rs 87,695 crore, include the principal amount, interest, penalty, and interest on penalty.
Vodafone Idea due payment structure
The company has outlined the payment structure for these dues, which follows:
#1 From March 2026 to March 2031, the telecom operator will pay a maximum of Rs 124 crore annually over the next six years.
#2 Further, it will pay Rs 100 crore annually from March 2032 to March 2035.
#3 The remaining balance will be paid in equal annual instalments over six years, from March 2036 to March 2041.
The company, in its regulatory filing, added that it received the letter for this relief package from the Department of Telecommunications (DoT).
Additionally, a committee will be constituted by the Department of Telecommunications to re-examine the total AGR dues. Following DoT’s reassessment, if any amount is to be revised, it will be repaid between the period of March 2036 to March 2041 in equal instalments, it added.
Vodafone Idea: Share Price
Following this announcement, the company’s share price jumped by 5% in the early trade session, and the stock surged to an intraday high of 8.9%. Over the past one month, the company’s stock has delivered a return of over 7%. On a year-to-date basis, the telecom operator’s stock has delivered a return of nearly 3%.
Vodafone Idea: Q2FY26 Financial Result
For Q2FY26, the company reported a net consolidated loss of Rs 5,524 crore against Rs 7,716 crore it reported in the corresponding quarter last year.
The telecom operator’s revenue from operations increased by 2,4% to Rs 11,194 crore compared to Rs 10,932 reported in the same quarter last year. The company’s average revenue per user stood at Rs 180 marking a year-on-year rise of 8.7% from Rs 166 reported for Q2FY25. The company’s debt from banks for the September quarter redacted to Rs 1,542 crore from Rs 3,250 crore.