The shares of Vodafone Idea have seen a strong surge recently, rallying more than 100% in one year to hit a fresh 52-week high on Tuesday, although several brokerages remain cautious and cite key headwinds for the telecom giant.
Vodafone Idea on Saturday released its results for the January-March quarter of the financial year 2026. It reported a net profit of Rs 51,970 crore for the quarter under review as against a net loss of Rs 7,166 crore in the year-ago period, primarily driven by a one-time accounting gain related to the reassessment of AGR dues and recognition of the present value of future AGR payments.
