Bharti Hexacom has announced its financial results for the second quarter and six months ended September 30, 2026. Total revenues saw a substantial 11.4% year-over-year growth, reaching Rs 2,582 crore in Q2 FY27. EBITDA also increased by 12.8% YoY to Rs 1,417 crore, with margins improving. Net income before exceptional items grew by 34.4% YoY to Rs 566 crore.
Bharti Hexacom Reports Strong Q2 FY27 Financial Performance
Bharti Hexacom Limited today announced its audited financial results for the second quarter (Q2) and six months ended September 30, 2026. The company delivered a robust performance, marked by significant year-over-year growth across key financial metrics.
Q2 FY27 Highlights
- Total revenues registered a growth of 11.4% YoY and 2.9% QoQ, reaching Rs 2,582 crore in Q2’27.
- Mobile services revenue grew by 9.9% YoY, driven by sustained ARPU improvement and growth in the smartphone customer base.
- Revenue from Homes, Office and Other services segment increased by a significant 49.0% YoY.
- EBITDA rose by 12.8% YoY to Rs 1,417 crore, with the EBITDA margin expanding by 65 bps YoY to 54.9%.
- EBITDAaL increased by 14.2% YoY to Rs 1,254 crore, with the margin improving by 118 bps YoY to 48.6%.
- EBIT grew by 16.3% YoY to Rs 816 crore, with the margin improving by 132 bps YoY to 31.6%.
- Net income (before exceptional items) increased by 34.4% YoY to Rs 566 crore.
- The Net Debt to EBITDA ratio (annualised) improved to 0.87 times compared to 1.25 times as of September 30, 2025.
- Capex for the quarter was Rs 336 crore, reflecting continued investments in digital network and infrastructure expansion.
Operational Performance
The company highlighted strong operational performance driven by disciplined execution. The smartphone data customer base expanded by 1.2 million YoY, reaching 80% penetration of the total mobile customer base. Mobile ARPU increased to Rs 264 in Q2’27 from Rs 251 in Q2’26. Average monthly data usage per customer also saw a significant increase of 23.9% over the past year, reaching 38.1 GB.
The Homes, Offices and Other segment continued its robust growth, adding 428,000 customers over the past year.
Financial Position
As of September 30, 2026, Bharti Hexacom’s total assets stood at Rs 191,100 million. Total liabilities amounted to Rs 117,967 million, with equity at Rs 73,133 million.
The company continues to invest in its network infrastructure, deploying 411 towers over the last year to strengthen coverage and enhance customer experience.
Source: BSE
