Key Financial Figures

Income Statement (₹ in millions):

  • Revenue from operations: ₹25,099 (Q1 FY27) vs ₹22,630 (Q1 FY26), up 10.9% YoY
  • Other income: ₹721 (Q1 FY27) vs ₹475 (Q1 FY26)
  • Total income: ₹25,820 (Q1 FY27) vs ₹23,105 (Q1 FY26)

Expenses Breakdown:

  • Network operating expenses: ₹5,376 (Q1 FY27) vs ₹5,219 (Q1 FY26)
  • Access charges: ₹2,041 (Q1 FY27) vs ₹1,630 (Q1 FY26)
  • License fee/Spectrum charges: ₹2,303 (Q1 FY27) vs ₹2,114 (Q1 FY26)
  • Employee benefits expense: ₹268 (Q1 FY27) vs ₹210 (Q1 FY26)
  • Sales and marketing expenses: ₹900 (Q1 FY27) vs ₹1,007 (Q1 FY26)
  • Other expenses: ₹989 (Q1 FY27) vs ₹843 (Q1 FY26)
  • Total expenses: ₹11,877 (Q1 FY27) vs ₹11,023 (Q1 FY26)

Profitability Metrics:

  • Profit before depreciation, amortization, finance costs, exceptional items and tax: ₹13,943 (Q1 FY27) vs ₹12,082 (Q1 FY26)
  • Depreciation and amortization expenses: ₹5,925 (Q1 FY27) vs ₹5,273 (Q1 FY26)
  • Finance costs: ₹1,488 (Q1 FY27) vs ₹1,541 (Q1 FY26)
  • Profit before exceptional items and tax: ₹6,530 (Q1 FY27) vs ₹5,268 (Q1 FY26)
  • Exceptional items: Nil in both periods
  • Profit before tax: ₹6,530 (Q1 FY27) vs ₹5,268 (Q1 FY26)
  • Tax expense: ₹1,706 (Q1 FY27) vs ₹1,352 (Q1 FY26)
  • Current tax: ₹2,211 (Q1 FY27) vs ₹1,657 (Q1 FY26)
  • Deferred tax: (₹505) (Q1 FY27) vs (₹305) (Q1 FY26)
  • Profit for the quarter: ₹4,824 (Q1 FY27) vs ₹3,916 (Q1 FY26), up 23.2% YoY
  • Total comprehensive income: ₹4,821 (Q1 FY27) vs ₹3,913 (Q1 FY26)

Earnings Per Share:

  • Basic and diluted EPS: ₹9.65 (Q1 FY27) vs ₹7.83 (Q1 FY26)
  • Paid-up equity share capital: ₹2,500 million (unchanged)

Segment Performance (Q1 FY27):

  • Mobile Services revenue: ₹23,953 million (95.4% of total)
  • Homes, Office and Other Services revenue: ₹1,265 million (4.6% of total)
  • Total segment revenue: ₹25,218 million
  • Less: Inter-segment eliminations: ₹119 million
  • Mobile Services segment results: ₹7,828 million profit
  • Homes, Office and Other Services segment results: ₹(4) million loss

Balance Sheet Position (as of June 30, 2026):

  • Total assets: ₹198,605 million
  • Total liabilities: ₹122,132 million
  • Equity: ₹76,473 million
  • Net debt: ₹43,925 million (including lease obligations)
  • Net debt excluding lease obligations: ₹9,604 million

Operational Highlights:

  • Total customer base: 29.90 million, up 4.4% YoY
  • Mobile services customer base: 28.98 million, up 3.0% YoY
  • Homes, Office and Other services customer base: 0.92 million, up 82.9% YoY
  • Mobile ARPU: ₹259 (Q1 FY27) vs ₹246 (Q1 FY26)
  • Mobile data usage per customer: 36.2 GB/month, up 23.3% YoY
  • Total data traffic: 2,496 million GBs, up 30.5% YoY
  • Network towers: 26,889, up 399 YoY
  • Capex for quarter: ₹3,822 million, up 68% YoY

Key Ratios:

  • EBITDA margin: 54.8% (Q1 FY27) vs 53.8% (Q1 FY26)
  • EBIT margin: 30.7% (Q1 FY27) vs 29.9% (Q1 FY26)
  • Net debt to EBITDA (annualized): 0.80 times (Q1 FY27) vs 1.30 times (Q1 FY26)
  • Net debt excluding lease obligations to EBITDAaL (annualized): 0.20 times (Q1 FY27) vs 0.65 times (Q1 FY26)

Dates of Action

  • Board meeting: August 03-04, 2026
  • Results approved: August 04, 2026
  • Quarter ended: June 30, 2026

Capital Structure Impact

No change in share capital. Paid-up equity share capital remained at ₹2,500 million with 500 million shares of face value ₹5 each.

Cash Flow Implications

  • Net cash generated from operating activities: ₹15,625 million (Q1 FY27)
  • Net cash used in investing activities: ₹14,331 million (Q1 FY27)
  • Net cash used in financing activities: ₹1,524 million (Q1 FY27)
  • Net decrease in cash: ₹230 million (Q1 FY27)

Forward-Looking Statements

The document contains safe harbor statements noting that forward-looking statements are based on current beliefs and expectations and may differ from actual results. The company does not undertake to update forward-looking statements.