Bharti Airtel reported strong Q2 2025 results with consolidated revenues of approximately ₹52,000 Crores. Key priorities include ESG initiatives, network expansion (2480 new sites), and balance sheet strength (net debt to EBITDAAL at 1.32). The company added 1.4 million revenue-earning mobile customers and is focusing on upgrading feature phone users to smartphones. Airtel is also addressing the AGR issue and expanding 5G with 167 million users.
Financial Performance Overview
Bharti Airtel announced its financial results for the second quarter of 2025, showcasing consistent performance across various segments. Some key highlights include:
- Consolidated revenues of approximately ₹52,000 Crores.
- India revenues, excluding Indus, reached ₹34,900 Crores.
- EBITDAaL margin, excluding passive infra, stood at 51.5%.
- Operating free cash flow (EBITDAaL less capex) was robust at ₹10,750 Crores.
The company’s India net debt to EBITDAAL now stands at 1.32, reflecting disciplined capex management and operational excellence.
Strategic Priorities and Initiatives
Bharti Airtel is actively pursuing several strategic objectives to strengthen its market position and drive future growth:
- ESG Agenda: Solarizing over 2900 sites, increasing the total to over 35,000.
- Network Expansion: Adding approximately 2480 network sites and rolling out over 10,000 km of fiber during the quarter.
- 5G Expansion: Reached 167 million 5G users, with sites handling over 40% of total network traffic.
- Broadband Growth: Added 951,000 new customers and crossed 2.3 million FWA subscribers.
Addressing the AGR Issue
Bharti Airtel is actively engaged in addressing the AGR (Adjusted Gross Revenue) issue, welcoming the Supreme Court’s order permitting a comprehensive assessment and reconciliation of AGR dues up to financial year 2016-2017. The company plans to engage with the government to resolve the matter.
Focus on Customer Experience
The company remains committed to delivering a brilliant customer experience through digital capabilities. Their Al-powered anti-spam solution identified over 57 billion spam calls and 4.2 lakh fraudulent links. The Ministry of Home Affairs has confirmed a 69% decrease in the value of financial losses on the Airtel network due to these efforts.
Bharti Hexacom Performance
Bharti Hexacom’s Q2 2025 performance included:
- Revenue of Rs.2,317 Crores, growing about 2.4% sequentially.
- EBITDAAL for the quarter came in at about Rs.1,098 Crores, with a margin of about 47.5%.
- Revenue earning customer base stood at 28 million.
Source: BSE
