Bharti Hexacom announced its results for Q3 FY’26, showcasing a 4.8% year-on-year increase in revenue, reaching Rs 2,360 Crore. The company’s EBITDA margin stood strong at 54.3%, a 128 bps increase year-on-year. Key financial metrics such as EBITDA and EBIT also demonstrated growth, highlighting efficient capital management and a positive financial trajectory.
Financial Performance
Bharti Hexacom reported total revenue of Rs 2,360 Crore in Q3 FY’26, up by 4.8% compared to the same period last year. EBITDA reached Rs 1,282 Crore, compared to Rs 1,194 Crore in Q3 FY’25. The EBITDA margin was 54.3%, an increase of 128 bps year-on-year.
Profitability Metrics
EBIT stood at Rs 715 Crore in Q3 FY’26, versus Rs 662 Crore in Q3 FY’25, with an EBIT margin of 30.3%. Net income before exceptional items was Rs 432 Crore in Q3 FY’26, compared to Rs 363 Crore in the prior year.
Debt and Equity
The company’s net debt to EBITDA (annualized) ratio was 1.10 times, improved from 1.65 times in Q3 FY’25. The net debt to EBITDAaL (annualized) ratio was 0.48 times, down from 1.03 times in the same quarter last year.
Operational Highlights
The overall customer base reached 29.04 Mn, a 3.7% year-on-year increase. Mobile data traffic increased by 29.8% to 2,022 PBs. The average mobile data usage per customer per month was 32.0 GB, compared to 26.2 GB in the corresponding quarter last year.
Network Expansion
As of the end of the quarter, the company had 26,572 network towers. Mobile broadband base stations totaled 93,472, versus 89,726 in the same quarter last year. Homes operations covered 117 cities, including LCOs.
Source: BSE