Bharti Airtel Limited submitted a regulatory filing pursuant to Regulation 30 of SEBI Listing Regulations, disclosing its audited consolidated financial results for Q1 FY27 ended June 30, 2026.

Financial Performance Highlights

Consolidated Results:

  • Total revenues: ₹58,539 crore, up 18.4% YoY and 5.7% QoQ
  • EBITDA: ₹33,599 crore with margin of 57.4%
  • EBIT: ₹19,282 crore with margin of 32.9%
  • Net income (before exceptional items): ₹8,057 crore vs ₹5,948 crore in Q1'26 (35.5% YoY growth)
  • Consolidated capex: ₹13,386 crore

India Business Performance:

  • India revenues: ₹41,214 crore, up 9.7% YoY and 4.2% QoQ
  • India EBITDA: ₹24,781 crore with margin of 60.1%
  • India EBIT: ₹13,335 crore with margin of 32.4%
  • India capex: ₹9,698 crore

Segment-wise Performance

Mobile Services:

  • India mobile revenue grew 9.2% YoY
  • Industry-leading ARPU at ₹264 vs ₹250 in Q1'26
  • Mobile data consumption reached 34.4 GB per customer per month (36.0% YoY increase)

Homes Business:

  • Revenue growth of 33.2% YoY
  • Added 473,000 customers in the quarter
  • Total Homes customer base reached 14.7 million

Airtel Business:

  • Revenue growth of 12.0% YoY
  • 3.2% sequential revenue growth

Digital TV:

  • Revenues of ₹773 crore, up 1.4% YoY
  • Total customer base of 16.0 million

Passive Infrastructure Services:

  • Revenue increased 4.6% YoY

Operational Metrics

  • Total customer base: 681 million across 15 countries (added 14.9 million customers in quarter)
  • Smartphone data customers: 21.1 million YoY increase, now representing 80% of total mobile customers
  • Postpaid net additions: 1.0 million in Q1'27 (highest ever quarterly additions)
  • Postpaid customer base: 30.0 million
  • Network expansion: Deployed 1,579 towers and 14,540 mobile broadband base stations during quarter
  • Annual network rollout: 7,631 additional towers and 45,171 kilometers of fiber over past year

Capital Structure and Debt Metrics

  • Consolidated Net Debt to EBITDA (annualized) ratio: 1.17 (improved from 1.70 as of June 30, 2025)
  • Consolidated Net Debt (excluding lease obligations) to EBITDAaL ratio (annualised): 0.69

Strategic Developments

  • Completed EPS-accretive share swap transaction to increase stake in Airtel Africa PLC to over 79%
  • Launched Postpaid Fast Lane innovation powered by 5G slicing technology
  • Announced launch of Airtel Secure Workforce - India's first fully-managed Zero Trust Architecture security platform for enterprises

Management Commentary

Gopal Vittal, Executive Vice Chairman, stated: "We delivered yet another quarter of strong performance, supported by the resilience of our diversified portfolio and sharp execution across businesses. This is a strong reflection of our conviction in Africa's long-term growth potential and the significant opportunities across our businesses."

Africa Operations

  • Africa Business ended quarter with 189 million customer base
  • Delivered solid revenue growth of 21.1% YoY in Constant Currency
  • Africa delivered 5.7% constant currency sequential growth