BHARTI AIRTEL LTD. Q2 FY26 Results

Summary

Bharti Airtel Limited reported quarterly revenues of Rs 52,145 crore, growing 25.7% YoY and 5.4% on a sequential basis. The growth was broad-based across both India and Africa operations. The India business posted quarterly revenues of Rs 38,690 crore, up 22.6% YoY and 2.9% QoQ, driven by continued premiumization in Mobile segment, sustained momentum in Homes segment and improved Airtel Business performance. The company's anti-fraud initiatives have resulted in a significant decline in cybercrime complaints, and Airtel Business revenue increased by 4.3% on a sequential basis.

Key Highlights

1. 1

   Q2 FY26 Revenue Growth of 25.7% YoY and 5.4% QoQ

2. 2

   India business posted quarterly revenues of Rs 38,690 crore, up 22.6% YoY and 2.9% QoQ

3. 3

   Mobile segment revenue increased by 13.2% YoY

4. 4

   Homes segment demonstrated robust growth trajectory, achieving 30.2% YoY increase in revenues

5. 5

   Airtel Business reported strong 4.3% sequential revenue growth

6. 6

   Consolidated Net Debt (excluding lease obligations) to EBITDAaL ratio (annualised) is at 1.19 times

7. 7

   Industry leading operational performance achieved through sustained business momentum and sharp execution

8. 8

   Smartphone data customers up by 22.2 Mn YoY & 5.1 Mn QoQ, accounting for 78% of overall mobile customer base

9. 9

   Mobile ARPU increased to Rs 256 vs Rs 233 in Q2’25

10. 10

    Mobile data consumption up 26.6% YoY; consumption increased to 28.3 GB per month per Customer

11. 11

    Homes business recorded 951 K net customer additions

12. 12

    Airtel entered into partnership with Perplexity to offer 12-month Perplexity Pro subscription free of cost to all its Mobile, Homes and Digital TV customers

13. 13

    Airtel’s anti-fraud initiatives have resulted in a significant decline in cybercrime complaints