Bharti Airtel announced its Q2 FY26 results, showcasing strong growth. Consolidated revenue increased by 16.1% YoY to ₹521.45 billion, with an EBITDA margin of 57.4%. The customer base reached approximately 624 million across 15 countries. Key highlights include partnership with Perplexity and initiatives to reduce financial fraud for customers.
Financial Performance
In Q2 FY26, Bharti Airtel reported a consolidated revenue of ₹521.45 billion, a 16.1% increase compared to the same quarter last year. EBITDA stood at ₹299.19 billion, up by 17.3% YoY, resulting in an EBITDA margin of 57.4%. EBIT increased to ₹166.69 billion, representing a 22.8% YoY growth. Net income reached ₹67.916 billion for the quarter.
Operational Highlights
Bharti Airtel’s total customer base reached approximately 624 million across 15 countries. Mobile data traffic grew by 27.7% YoY. India’s revenue increased by 10.6% compared to last year. The Average Revenue Per User (ARPU) in India reached ₹256. Customer base in Africa reached 173.816 million, an 11% YoY increase, with data customers increasing by 18.4% YoY.
Strategic Developments
Bharti Airtel has partnered with Perplexity to provide free subscriptions to all its customers. The company’s digital arm, Xtelify, launched a telco-grade sovereign cloud platform and an AI-powered software platform. Bharti Airtel’s anti-fraud initiatives have reduced financial losses for its customers by nearly 70%. Nxtra by Airtel is augmenting green energy resources through partnerships.
India Business Performance
India’s revenues reached ₹386.901 billion, up 10.6% YoY. Mobile revenues increased by 13.2% YoY. Homes business witnessed revenue growth of 30.2% YoY, with a customer base of 11.9 million. Airtel Business revenues decreased slightly due to a focus on quality revenues.
Africa Business Performance
Africa’s revenue grew by 24.2% YoY in constant currency. The customer base in Africa reached 173.8 million, an increase of 11.0% YoY. Data customers increased by 18.4% YoY.
Financial Position
Net debt stood at ₹1,947.131 billion, with a Net Debt-EBITDA ratio of 1.19 times excluding leases. Capital expenditure for the quarter was ₹113.623 billion.
Source: BSE
