Bharti Hexacom reported a 4.8% YoY increase in revenues to ₹2,360 crore for Q3 FY26. Mobile service revenues increased by 3.6% YoY, driven by higher ARPU and customer additions. The Homes, Office and Other services segment saw impressive growth of 50.8% YoY, fueled by the addition of 73K new customers. EBITDA stood at ₹1,282 crore, with a margin of 54.3%.
Financial Performance
Bharti Hexacom announced its results for the third quarter of FY26, ended December 31, 2025. Total revenues reached ₹2,360 crore, reflecting a 4.8% year-over-year increase and a 1.8% sequential growth.
Segment Highlights
The company experienced growth in its key segments:
- Mobile services revenue increased by 3.6% YoY, attributed to higher ARPU and customer additions.
- Homes, Office and Other services witnessed significant growth of 50.8% YoY, driven by the addition of 73,000 new customers during the quarter (Q3 FY26).
Profitability & Margins
Bharti Hexacom reported strong profitability metrics:
- EBITDA reached ₹1,282 crore, with an EBITDA margin of 54.3%, an increase of 128 bps YoY.
- EBITDAaL stood at ₹1,124 crore, resulting in a margin of 47.6%, up by 136 bps YoY.
- EBIT was reported at ₹715 crore, with an EBIT margin of 30.3%, an increase of 88 bps YoY.
- Net income (before exceptional items) was ₹432 crore, up by 18.8% YoY.
Operational Metrics
The company’s operational performance highlights include:
- A rise in smartphone data customers by 1.5 million YoY and 0.3 million QoQ, now representing 78% of the total mobile customer base.
- Mobile ARPU increased to ₹253 in Q3 FY26, compared to ₹241 in Q3 FY25.
- Mobile data usage increased by 29.8% YoY, with average consumption at 32.0 GB per month.
- Net Debt (excluding lease obligations) to EBITDAaL ratio (annualized) stands at 0.48 times.
Customer Base
The overall customer base stands at 29.04 million. Mobile services subscribers are at 28.404 million and Homes services subscribers are at 0.634 million.
Source: BSE
