Summary of Key Information:
Reporting Period: Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Audited financial results under SEBI LODR Regulations 30 and 33
Audit Opinion:
Clean audit opinion by Deloitte Haskins & Sells LLP
No qualifications or modifications in the audit report
Key Financial Highlights [₹ in Millions]:
Consolidated Results:
Revenue from Operations: ₹585,391 (YoY +18.4%, QoQ +5.7%)
Total Income: ₹594,457
EBITDA: ₹335,986 (Margin: 57.4%)
Net Profit: ₹100,116 (before exceptional items)
Net Profit Attributable to Owners: ₹81,674 (after exceptional items)
EPS: ₹13.38 (Basic), ₹13.37 (Diluted)
Other Equity: ₹1,586,949
Cash and Cash Equivalents: ₹91,125
Debt: Not separately disclosed in summary format
Standalone Results:
Revenue from Operations: ₹323,566
Total Income: ₹329,176
Net Profit: ₹54,275
EPS: ₹8.89 (Basic and Diluted)
Other Equity: ₹1,913,672
YoY/QoQ Comparisons:
Consolidated revenue showed strong growth of 18.4% YoY and 5.7% QoQ
India revenue grew 9.7% YoY to ₹412,140 million
Africa revenue grew 21.1% YoY in constant currency
EBITDA margin expanded by 50 bps YoY to 57.4%
Segment-wise Performance:
Mobile Services India:
Revenue: ₹299,289 (YoY +9.2%)
EBITDA: ₹181,871 (Margin: 60.8%)
Customers: 376.5 million (YoY +3.8%)
ARPU: ₹264 (vs ₹250 in Q1 FY26)
Data consumption: 34.4 GB per customer per month (YoY +27.7%)
Homes Services:
Revenue: ₹22,875 (YoY +33.2%)
EBITDA: ₹11,239 (Margin: 49.1%)
Customers: 14.7 million (YoY +33.9%)
Airtel Business:
Revenue: ₹56,654 (YoY +12.0%)
EBITDA: ₹24,922 (Margin: 44.0%)
Digital TV Services:
Revenue: ₹7,734 (YoY +1.4%)
EBITDA: ₹3,321 (Margin: 42.9%)
Customers: 16.0 million
Passive Infrastructure Services:
Revenue: ₹84,311 (YoY +5%)
EBITDA: ₹46,220 (Margin: 54.8%)
Africa Operations:
Revenue: ₹175,657 (21.1% constant currency growth YoY)
EBITDA: ₹88,177 (Margin: 50.2%)
Customers: 189.0 million (YoY +11.6%)
Corporate Actions:
Completed composite transaction issuing 146,761,335 equity shares to Indian Continental Investment Limited at ₹1,923 per share (including premium of ₹1,918) amounting to ₹282,222 million
Share swap of 595,204,251 shares of Airtel Africa Plc for 16.31% stake held by ICIL
Increased Group's effective shareholding in Airtel Africa from 62.62% to 78.93%
Airtel Africa share buy-back program commenced with initial tranche of $110 million, resulting in Group's stake increasing to 79.11% as of June 30, 2026
Other Significant Information:
Net Debt to EBITDA (annualized) ratio improved to 1.17 from 1.70 as of June 30, 2025
Net Debt (excluding lease obligations) to EBITDAaL ratio at 0.69
Consolidated capex: ₹133,860 million (India: ₹96,982 million, Africa: ₹36,878 million)
Exceptional charge of ₹3,534 million recognized for provision toward in-principle settlement of commercial dispute in African subsidiary
Exceptional tax benefit of ₹3,898 million due to favorable order for business losses from earlier year
Total comprehensive income for quarter: ₹101,623 million
Entities Included in Consolidation:
Consolidation includes 152 entities including subsidiaries, joint ventures, and associates
Key subsidiaries: Bharti Hexacom, Bharti Telemedia, Airtel Limited, Nxtra Data, Indus Towers, Airtel Africa Plc
Key associates: Airtel Payments Bank, Robi Axiata