Bharti Airtel , one of India's leading telecommunications service providers, has announced its financial results for the second quarter of fiscal year 2026, showcasing robust growth across key metrics.

Financial Highlights

• Consolidated revenues reached Rs 52,145 crore, marking a significant 25.7% year-on-year (YoY) increase and a 5.4% quarter-on-quarter (QoQ) growth.
• EBITDA stood at Rs 29,919 crore, up 35.9% YoY, with an EBITDA margin of 57.4%.
• Net income (before exceptional items) surged to Rs 6,792 crore, compared to Rs 3,911 crore in Q2 FY25.
• The company's India business revenue grew by 22.6% YoY to Rs 38,690 crore.

Operational Performance

• Mobile Services India reported a 13.2% YoY revenue increase, driven by ARPU improvement and continued growth in smartphone data customer acquisition.
• Average Revenue Per User (ARPU) for the quarter rose to Rs 256, up from Rs 233 in Q2 FY25.
• The company added 5.1 million smartphone data customers during the quarter, with smartphone data customers now accounting for 78% of the overall mobile customer base.
• Postpaid net additions were strong at 0.95 million for the quarter.

Segment-wise Performance

• Homes Services demonstrated robust growth, with revenue increasing by 30.2% YoY and record net customer additions of 951,000 in Q2.
• Airtel Business reported a 4.3% sequential revenue growth, driven by broad-based improvement across segments.
• Digital TV Services saw a marginal decline of 0.7% YoY in revenues.

Strategic Initiatives

• Bharti Airtel partnered with Perplexity to offer a complimentary 12-month subscription of Perplexity Pro to all its 360 million customers, valued at Rs 17,000 per year.
• The company's digital arm, Xtelify, launched a built-in-India, telco-grade sovereign cloud platform offering enhanced security and cost optimization for Indian businesses.
• Airtel's anti-fraud initiatives have resulted in a significant 68.7% decrease in the value of financial losses and a 14.3% drop in overall cybercrime incidents on its network.

Africa Operations

• Africa revenues (in constant currency) grew by 24.2% YoY.
• EBITDA margin for Africa operations improved to 48.8%, up 238 basis points YoY.

Gopal Vittal, Vice-Chairman and MD of Bharti Airtel, commented on the results: "We delivered another quarter of solid performance, achieving a consolidated revenue of ₹52,145 crore growing 5.4% sequentially and underscoring the strength of our portfolio. Our India revenue, including Passive Infrastructure Services, increased by 2.9%. Africa delivered another quarter of standout performance with constant currency revenue growth of 7.1%."

The company's focus on quality customers, network expansion, and digital initiatives continues to drive its growth trajectory in a competitive market landscape.

Bharti Airtel , one of India's leading telecommunications service providers, has announced its financial results for the second quarter of fiscal year 2026, showcasing robust growth across key metrics.

Revenue and Profitability

The company reported consolidated revenues of Rs 52,145.00 crore for Q2 FY26, marking a significant 25.7% year-on-year increase. This growth was driven by strong performance in both India and Africa operations.

Bharti Airtel's consolidated EBITDA (Earnings Before Interest, Tax, Depreciation, and Amortization) stood at Rs 29,919.00 crore, representing a 35.9% year-on-year growth. The EBITDA margin improved to 57.4%, up from 56.8% in the same quarter last year.

Net income (before exceptional items) saw a substantial rise, reaching Rs 6,792.00 crore compared to Rs 3,911.00 crore in Q2 FY25, reflecting a 73.6% year-on-year increase.

Operational Highlights

India Operations

India revenues grew by 22.6% year-on-year to Rs 38,690.00 crore. The mobile services segment in India reported a 13.2% year-on-year revenue increase, driven by ARPU (Average Revenue Per User) improvement and continued growth in smartphone data customer acquisition.

Key operational metrics for India include:

Africa Operations

Airtel Africa delivered another quarter of strong performance with constant currency revenue growth of 24.2% year-on-year. The EBITDA margin for Africa operations improved to 48.8%, up 238 basis points year-on-year.

Strategic Initiatives

During the quarter, Bharti Airtel announced several strategic initiatives:

1. Partnership with Perplexity: Airtel is offering a complimentary 12-month subscription to Perplexity Pro for all its 360 million customers, valued at Rs 17,000.00 per year.

2. Launch of Airtel Cloud: Xtelify, Airtel's digital arm, introduced a sovereign, telco-grade cloud platform to meet the evolving needs of businesses in India.

3. Anti-fraud measures: The company reported a 68.7% decrease in financial losses and a 14.3% drop in cybercrime incidents on its network, as per data from the Indian Cyber Crime Coordination Centre.

Financial Position

Bharti Airtel maintains a strong balance sheet with a consolidated Net Debt to EBITDA ratio (annualized) of 1.63 times as of September 30, 2025, compared to 2.50 times a year ago. The Net Debt (excluding lease obligations) to EBITDAaL ratio (annualized) stands at 1.19 times.

Management Commentary

Gopal Vittal, Vice-Chairman and MD of Bharti Airtel, commented on the results: "We delivered another quarter of solid performance, achieving a consolidated revenue of ₹52,145 crore growing 5.4% sequentially and underscoring the strength of our portfolio. Our India revenue, including Passive Infrastructure Services, increased by 2.9%. Africa delivered another quarter of standout performance with constant currency revenue growth of 7.1%."

Vittal also highlighted the company's focus on quality customers and premiumization of its portfolio, which has led to an industry-leading ARPU of ₹256 in the India Mobile business.

The strong Q2 FY26 results demonstrate Bharti Airtel's resilience and ability to capitalize on the growing demand for digital services across its markets. The company's strategic initiatives and focus on operational excellence position it well for continued growth in the evolving telecommunications landscape.