Bharti Hexacom reported a 10.5% year-over-year increase in revenue to ₹2,317 crore for Q2 FY26. This growth was fueled by higher ARPU and increased smartphone customer additions. EBITDA rose to ₹1,256 crore, with a margin of 54.2%. The company saw strong performance in its Homes and Offices segment, adding 60,000 customers. ARPU reached ₹251, reflecting increased data consumption per user.
Q2 FY26 Financial Highlights
Bharti Hexacom announced a strong financial performance for the second quarter of fiscal year 2026. Key highlights from the announcement include:
- Total revenue reached ₹2,317 crore, a 10.5% increase year-over-year.
- Mobile service revenues grew by 9.6% YoY, driven by increased ARPU and more smartphone users.
- EBITDA amounted to ₹1,256 crore, reflecting a 54.2% margin, and a 433 bps improvement YoY.
- EBIT reached ₹702 crore; the EBIT margin reached 30.3%, up 597 bps YoY.
- Net income (before exceptional items) reached ₹421 crore, increasing 66.4% YoY.
Operational Performance
The company’s operational data showcased strong momentum and continued growth:
- Smartphone data customers increased by 1.6 million YoY.
- Mobile ARPU increased to ₹251 in Q2 FY26.
- Mobile data usage increased by 27.0% YoY, reaching an average of 30.7 GB per customer per month.
- Homes and Offices added 60,000 new customers.
Segment Performance
The Homes and Offices business experienced strong revenue growth of 46.9% YoY. This growth was supported by significant customer additions. The customer base for this segment now stands at 0.6 million across 117 cities. Bharti Hexacom plans to continue expanding its FTTH market coverage through partnerships with local cable operators.
Strategic Partnerships
During the quarter, Bharti Hexacom partnered with Perplexity to offer its customers a 12-month Perplexity Pro subscription free of charge. This collaboration provides users with AI-powered search and answer capabilities.
Source: BSE