Bharti Hexacom Q4 FY26 Earnings Call Recording Uploaded on Website
Bharti Hexacom uploaded the audio/video recording of its Q4 FY26 earnings call held on May 14, 2026, on its website per SEBI LODR Regulations. The company reported Q4 FY26 revenues of Rs 2,414 crore (up 5.4% YoY), full-year FY26 revenues of Rs 9,354 crore (up 9.4% YoY), and FY26 net profit of Rs 1,733 crore (up 16% YoY), with the Board recommending a final dividend of Rs 18 per share for FY26.

*this image is generated using AI for illustrative purposes only.
Bharti Hexacom has announced the audited financial results for the fourth quarter and financial year ended March 31, 2026. The company reported total revenues of Rs 2,414 crore for Q4 FY26, up 5.4% YoY, while full-year FY26 revenues stood at Rs 9,354 crore, marking a 9.4% YoY growth. Net profit for FY26 increased 16% YoY to Rs 1,733 crore. The results were reviewed by the Audit Committee and approved by the Board of Directors on May 13, 2026. Subsequently, pursuant to the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has uploaded the audio/video recording of the earnings call held on May 14, 2026, regarding these results on its website.
Financial Performance
The following table summarizes the key financial metrics for the quarter and the year ended March 31, 2026:
| Particulars: | Q4 FY26 (Rs crore) | Q4 FY25 (Rs crore) | YoY Growth | FY26 (Rs crore) | FY25 (Rs crore) | YoY Growth |
|---|---|---|---|---|---|---|
| Total Revenues | 2,414 | 2,289 | 5.4% | 9,354 | 8,548 | 9.4% |
| EBITDA | 1,314 | 1,220 | 7.7% | 5,069 | 4,372 | 15.9% |
| EBITDA Margin | 54.4% | 53.3% | +113 bps | 54.2% | 51.1% | +305 bps |
| Net Profit | 447 | 468 | -4.5% | 1,733 | 1,494 | 16.0% |
Operational Performance
Bharti Hexacom's operational metrics reflected strong momentum during the quarter. Mobile data traffic grew 30.9% YoY to 2,203 PBs, while average monthly data usage per customer rose 23.2% YoY to 34.2 GB. Total minutes of usage on the network during the quarter were 97 billion, representing a growth of 1.6% YoY. The company deployed 245 towers during the year, bringing the total network tower count to 26,742. Capital expenditure for Q4 FY26 stood at Rs 586 crore, with full-year capex at Rs 1,521 crore.
Key Operational Metrics — Mobile Services
| Parameter: | Q4 FY26 | Q4 FY25 | YoY Growth |
|---|---|---|---|
| Customer Base — Mobile Services (000's) | 28,774 | 28,129 | 2.3% |
| ARPU (Rs) | 252 | 242 | 4.5% |
| Data Usage per Customer per Month (GB) | 34.2 | 27.7 | 23.2% |
Dividend Declaration
The Board of Directors has recommended a final dividend of Rs 18 per fully paid-up equity share of face value of Rs 5 each for the financial year 2025-26. The recommendation was approved at the board meeting held on May 13, 2026, and is subject to shareholder approval at the ensuing Annual General Meeting.
Historical Stock Returns for Bharti Hexacom
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.59% | -3.49% | -1.16% | -16.11% | -21.26% | +82.04% |
With ARPU growth moderating to 4.5% YoY in Q4 FY26, what tariff hike strategies could Bharti Hexacom deploy in FY27 to sustain revenue momentum amid intensifying competition in its Rajasthan and Northeast circles?
Given the 30.9% surge in mobile data traffic against only 2.3% subscriber base growth, how soon might Bharti Hexacom need to accelerate its network capex beyond the current Rs 1,521 crore annual run-rate to prevent congestion and maintain service quality?
As 5G adoption potentially accelerates in Bharti Hexacom's operating circles, how could the company's monetization strategy evolve to convert heavy data users into higher-value premium subscribers?


































