BHARTI AIRTEL LTD. Q1 FY26 Results

Summary

Bharti Airtel Limited, a leading global telecommunications company, reported its financial results for the first quarter (Q1) ended June 30, 2025. The company posted quarterly revenues of Rs 49,463 crore, representing a significant growth of 28.5% YoY and 3.3% QoQ. The growth was primarily driven by strong performance in India and a rebound in Africa. The consolidated net income (before exceptional items) stood at Rs 5,948 crore, more than doubling on a YoY basis.

Key Highlights

1. 1

   India business posts quarterly revenues of Rs 37,585 crore — up 29.0% YoY, up 2.3% QoQ

2. 2

   India mobile services reported a 21.6% YoY revenue growth

3. 3

   Airtel Business saw revenues decline by 7.7% YoY

4. 4

   Homes business growth trajectory further improved with a 25.7% YoY increase in revenues

5. 5

   Consolidated EBITDA at Rs 28,167 crore with EBITDA margin of 56.9%

6. 6

   Consolidated EBITDAaL at Rs 24,994 crore with margin of 50.5%

7. 7

   Consolidated EBIT at Rs 15,621 crore with EBIT margin of 31.6%

8. 8

   India business EBITDA at Rs 22,352 crore; EBITDA margin at 59.5%

9. 9

   India EBITDAaL at Rs 20,539 crore; EBITDAaL margin at 54.6%

10. 10

    India business EBIT at Rs 11,815 crore; EBIT margin at 31.4%

11. 11

    Net Debt (excluding lease obligations) to EBITDAaL ratio (annualised) is at 1.26 times

12. 12

    Smartphone data customers up by 21.3 Mn YoY & 3.9 Mn QoQ, 77% of overall mobile customer base

13. 13

    Mobile ARPU increased to Rs 250 in Q1’26 vs Rs 211 in Q1’25

14. 14

    Mobile data consumption up 21.6% YoY, consumption per customer at 26.9 GB per month

15. 15

    Homes business saw step- up in customer additions with 939K net adds in Q1’26

16. 16

    Total revenues at Rs 49,463 crore, up 28.5% YoY

17. 17

    EBITDA at Rs 28,167 crore, up 41.2% YoY; EBITDA margin at 56.9%

18. 18

    EBITDAaL at Rs. 24,994 crore, up 48.7% YoY; EBITDAaL margin at 50.5%

19. 19

    EBIT at Rs 15,621 crore, up 67.0% YoY; EBIT margin at 31.6%

20. 20

    Net Income (before exceptional items) at Rs 5,948 crore