Bharti Airtel , one of India's leading telecommunications service providers, has announced its financial results for the second quarter of fiscal year 2026, ending September 30, 2025. The company reported a robust performance with significant year-over-year growth in revenue and profitability.

Key Financial Highlights

• Consolidated revenue reached ₹52,145.00 crore, marking a 25.7% increase compared to Q2 FY25.
• EBITDA (Earnings Before Interest, Tax, Depreciation, and Amortization) stood at ₹29,919.00 crore, up by 35.9% year-over-year.
• EBITDA margin improved to 57.4%, compared to 56.8% in the same quarter last year.
• Net income (before exceptional items) grew by 73.6% to ₹6,792.00 crore.
• Consolidated net debt to EBITDA ratio (annualized) improved to 1.63 times, down from 2.01 times in Q2 FY25.

Segment Performance

India Operations

• India revenue increased by 22.6% year-over-year to ₹38,690.00 crore.
• Mobile services in India saw a 13.2% YoY revenue growth, driven by higher realizations and an expanding customer base.
• Average Revenue Per User (ARPU) for mobile services improved to ₹256.00, up from ₹233.00 in Q2 FY25.
• The company added 951,000 home broadband customers during the quarter, bringing the total customer base to 11.9 million.

Africa Operations

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

Operational Highlights

• The company's overall customer base grew to approximately 624 million across 15 countries, a 10.7% increase YoY.
• Mobile data traffic surged by 27.7% YoY to 25,207 petabytes.
• Postpaid customer base in India grew by 11.6% YoY to 27.5 million.
• Airtel added 2,479 towers and 20,841 mobile broadband base stations during the quarter in India.

Strategic Initiatives

Bharti Airtel announced several strategic initiatives during the quarter:

1. Partnership with Perplexity to offer a 12-month complimentary subscription of Perplexity Pro to all its mobile, home, and digital TV customers.
2. Launch of 'Airtel Cloud', a sovereign, telco-grade cloud platform for businesses in India.
3. Introduction of an AI-powered software platform to help telcos improve customer experience and reduce churn.

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 strong momentum in the postpaid segment and the sustained growth in the Homes business. He emphasized the company's focus on quality customers and premiumization of its portfolio.

In conclusion, Bharti Airtel's Q2 FY26 results demonstrate strong growth across key financial and operational metrics, reflecting the company's robust performance in both its India and Africa operations.

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.