Bharti Hexacom reported a 10.5% YoY increase in revenue to Rs 2,317 crore for Q2 FY26. EBITDA margin improved to 54.2%, up 433 bps YoY. Mobile ARPU rose to Rs 251, and data usage increased by 27.0% YoY. The company added 1.6 million smartphone data customers and 60K homes and offices customers. Net Debt to EBITDAaL ratio is at 0.64 times.
Strong Financial Performance
Bharti Hexacom announced strong financial results for the quarter ended September 30, 2025, with revenue reaching Rs 2,317 crore, a 10.5% YoY increase. The company’s EBITDA stood at Rs 1,256 crore, with an improved EBITDA margin of 54.2%, representing a 433 bps YoY expansion. The company’s operational performance reflects continued momentum and execution.
Key Operational Highlights
The company experienced growth in several key operational areas:
- Mobile ARPU increased to Rs 251 in Q2 FY26.
- Mobile data usage increased by 27.0% YoY, reaching 30.7 GB per customer per month.
- Added 1.6 million smartphone data customers, bringing smartphone data users to 78% of the mobile customer base.
- Homes and Offices business recorded a net addition of 60K customers.
Segment Performance
Mobile services revenue recorded a growth of 9.6% YoY. The Homes and Offices business experienced strong revenue growth of 46.9% YoY, driven by customer additions of 60K in Q2’26.
Profitability Metrics
EBITDAaL at Rs 1,098 crore with margin of 47.4%, up by 444 bps YoY. EBIT at Rs 702 crore; EBIT margin stood at 30.3%, an increase of 597 bps YoY. Net income (before exceptional items) at Rs 421 crore, up by 66.4% YoY.
Debt and Leverage
Net Debt (excluding lease obligations) to EBITDAaL ratio (annualized) is at 0.64 times.
Additional Initiatives
During the quarter, Bharti Hexacom partnered with Perplexity to offer a 12-month Perplexity Pro subscription free of cost to all its customers, enhancing their access to AI-powered search capabilities.
Bharti Hexacom also continued its efforts in fighting fraud which reduces financial losses for its customers by nearly 70%. Anti-fraud initiatives have resulted in a significant decline in cybercrime complaints, and that this has been further endorsed by recent information from the Indian Cyber Crime Coordination Centre (I4C) – Ministry of Home Affairs (MHA).
Source: BSE
