Bharti Airtel announced its audited financial results for the second quarter (Q2) and six months ended September 30, 2026. The company reported a consolidated revenue increase of 16.7% YoY to Rs 60,878 crore. Consolidated EBITDA reached Rs 35,240 crore, with a margin of 57.9%. These results reflect strong momentum across its India and Africa businesses, underpinned by strategic portfolio premiumization and operational execution.
Bharti Airtel Announces Strong Q2 FY27 Financial Performance
Bharti Airtel Limited has released its audited consolidated financial results for the second quarter and the first six months of the fiscal year ending September 30, 2026 (Q2 FY27). The company showcased robust financial performance, marked by significant year-over-year growth across key metrics.
Consolidated Financial Highlights
Consolidated revenues for the quarter surged by 16.7% YoY to reach Rs 60,878 crore, demonstrating strong momentum in both the Indian and African markets. Quarter-over-quarter (QoQ), revenue saw a 4.0% increase. Consolidated EBITDA stood at Rs 35,240 crore, representing a healthy EBITDA margin of 57.9%. EBITDAal also showed strong performance, reaching Rs 31,488 crore with a margin of 51.7%.
India and Africa Business Performance
The India business reported revenues of Rs 42,308 crore, a 9.4% YoY increase and 2.7% QoQ growth. This was driven by mobile, homes, and Airtel Business segments. India mobile revenue grew 10.1% YoY, attributed to higher Average Revenue Per User (ARPU) and increased smartphone data customer additions. The Homes segment continued its strong trajectory with a 25.3% YoY revenue growth, while Airtel Business revenue rose 11.4% YoY.
Africa operations also delivered a standout quarter, with revenue growth of 20.6% YoY in Constant Currency and a 6.7% QoQ growth. The customer base in Africa reached 193.9 million.
Key Operational Metrics
Smartphone data customer additions were strong at 18.8 million YoY and 2.9 million QoQ, with smartphones now comprising 81% of the total mobile base. The company achieved a record 1.2 million postpaid net additions in Q2’27. Mobile ARPU increased to Rs 271 from Rs 256 in Q2’26. Mobile data usage per customer per month grew 36.5% YoY to 36.5 GB.
Investment and Outlook
Consolidated capex for the quarter stood at Rs 12,467 crore, which included Rs 9,908 crore for India and an additional Rs 2,826 crore invested in a strategic land parcel for data center expansion. The company continues to emphasize its strategy of portfolio premiumization and disciplined customer acquisition, aiming for continued growth and operational efficiency.
Source: BSE