Bharti Hexacom Limited has delivered a robust financial performance for the fourth quarter (Q4) and the full financial year ended March 31, 2026. The company reported steady revenue growth, improved profit margins, and significant operational milestones across its mobile and home services segments. These results reflect the company’s strategic focus on network expansion, technology advancement, and prudent cost optimization measures.
Financial Highlights
For the quarter ended March 31, 2026, Bharti Hexacom reported total revenues of Rs 24,137 million, representing a 5% year-on-year growth. The company achieved a strong EBITDA of Rs 13,138 million, with an improved EBITDA margin of 54.4%. Net income (before exceptional items) for the quarter stood at Rs 4,658 million, a 23% increase compared to the same period last year.
On an annual basis, the company reported consolidated revenues of Rs 93,538 million for the financial year 2026, marking a 9% increase over the previous year. Full-year EBITDA rose by 15.9% to reach Rs 50,694 million, while the net profit for the year came in at Rs 17,332 million.
Segment Performance
The Mobile Services segment remained the primary revenue driver, contributing Rs 23,089 million to the quarterly revenue, a 4% year-on-year increase. The company’s focus on high-quality customer acquisition and data growth resulted in 29.62 million total customers by the end of the fiscal year.
The Homes, Office, and Other Services segment demonstrated rapid growth, with quarterly revenues rising 65% year-on-year to Rs 1,172 million. The segment also reported a significant increase in EBITDA, which jumped 92% to Rs 447 million, reflecting the successful expansion of high-speed broadband and fiber services across 120 cities.
Strategic Developments
Bharti Hexacom continues to invest heavily in its infrastructure, with a total capital expenditure of Rs 15,210 million for the financial year. Key initiatives included the launch of AI-powered protection against OTP-related banking frauds and providing customers with free access to Adobe Express Premium to enhance digital engagement. The company also reinforced its Customer Obsession culture, emphasizing direct engagement to improve service delivery and user experience.
Leverage and Efficiency
The company has maintained a healthy financial position, significantly reducing its Net Debt to Rs 54,731 million as of March 31, 2026, compared to Rs 72,619 million in the previous year. This improvement in the capital structure is further highlighted by the Net Debt to EBITDA ratio, which improved to 1.04 times, underscoring the company’s commitment to operational efficiency and sustainable growth.
Source: BSE
