Key Quantitative Figures
Consolidated Financial Results (₹ in millions):
- Revenue from operations: ₹585,391 (Q1 FY26: ₹494,626; Q4 FY26: ₹553,832)
- Other income: ₹9,066 (Q1 FY26: ₹5,088; Q4 FY26: ₹8,785)
- Total income: ₹594,457 (Q1 FY26: ₹499,714; Q4 FY26: ₹562,617)
- Profit before tax: ₹137,728 (Q1 FY26: ₹105,044; Q4 FY26: ₹100,447)
- Tax expense: ₹37,612 (Q1 FY26: ₹30,826; Q4 FY26: ₹7,973)
- Profit for the quarter: ₹100,116 (Q1 FY26: ₹74,218; Q4 FY26: ₹92,474)
- Other comprehensive income: ₹1,507 (Q1 FY26: ₹3,985; Q4 FY26: ₹24,545)
- Total comprehensive income: ₹101,623 (Q1 FY26: ₹78,203; Q4 FY26: ₹117,019)
- Basic EPS: ₹13.38 (Q1 FY26: ₹10.26; Q4 FY26: ₹12.53)
- Diluted EPS: ₹13.37 (Q1 FY26: ₹9.90; Q4 FY26: ₹12.15)
- Paid-up equity share capital: ₹31,202 million (Face value: ₹5 each)
Standalone Financial Results (₹ in millions):
- Revenue from operations: ₹323,566 (Q1 FY26: ₹292,492; Q4 FY26: ₹312,964)
- Profit before tax: ₹67,433 (Q1 FY26: ₹50,630; Q4 FY26: ₹28,121)
- Profit for the quarter: ₹54,275 (Q1 FY26: ₹37,645; Q4 FY26: ₹13,445)
- Basic EPS: ₹8.89 (Q1 FY26: ₹6.49; Q4 FY26: ₹2.30)
- Diluted EPS: ₹8.89 (Q1 FY26: ₹6.26; Q4 FY26: ₹2.23)
Segment Performance (Consolidated):
- Mobile Services India: Revenue ₹175,657 million, Segment results ₹99,556 million
- Mobile Services Africa: Revenue ₹160,335 million, Segment results ₹59,695 million
- Airtel Business: Revenue ₹56,654 million, Segment results ₹18,404 million
- Passive Infrastructure Services: Revenue ₹85,254 million, Segment results ₹27,284 million
- Homes Services: Revenue ₹22,875 million, Segment results ₹2,529 million
- Digital TV Services: Revenue ₹7,734 million, Segment results (₹784) million
- Others: Revenue ₹968 million, Segment results ₹711 million
Dates of Action
- Board meeting and Audit Committee meeting: August 4, 2026
- Preferential share issuance completed during Q1 FY27 (June 30, 2026)
- Airtel Africa buyback program: Commenced May 22, 2026, expected to end by November 27, 2026
Parties Involved
- Indian Continental Investment Limited (ICIL) - counterparty in preferential issuance
- Airtel Africa Plc - subsidiary company
- Deloitte Haskins & Sells LLP - auditors
- Subsidiaries: 152 entities listed in auditor's report including Bharti Hexacom Limited, Airtel Payments Bank Limited, Indus Towers Limited
Corporate Actions
1. Preferential share issuance: 146,761,335 equity shares issued to ICIL at ₹1,923 per share (including premium of ₹1,918) totaling ₹282,222 million
- Share capital: ₹734 million
- Securities premium: ₹281,488 million
- Consideration: Swap of 595,204,251 shares of Airtel Africa for 16.31% stake held by ICIL
- Result: Group's effective shareholding in Airtel Africa increased from 62.62% to 78.93%
- Excess consideration of ₹232,602 million recognized directly in other equity
2. Airtel Africa share buyback: Initial tranche of $110 million commenced May 22, 2026
- As of June 30, 2026: $43 million worth of shares bought back
- Result: Group's effective shareholding increased from 78.93% to 79.11%
Exceptional Items
- Consolidated: Charge of ₹3,534 million for provision towards in-principle settlement of commercial dispute in African subsidiary
- Net charge allocated to non-controlling interests: ₹738 million
- Standalone: No exceptional items in current quarter (Q4 FY26 had ₹31,362 million exceptional charge)
Capital Structure Impact
- Preferential issuance increased paid-up equity share capital from ₹30,468 million (March 31, 2026) to ₹31,202 million (June 30, 2026)
- Group's effective shareholding in Airtel Africa increased significantly from 62.62% to 79.11%