Bharti Hexacom reported strong FY2026 results with revenue at Rs. 2,11,000 Cr and EBITDAaL at Rs. 1,08,000 Cr, alongside a 50% dividend increase to Rs.24 per share.
The company outlined strategic growth in adjacencies including data centers (1 GW target), financial services (NBFC approval), and Airtel Cloud (24 deals secured).
Management discussed ARPU growth challenges (Q4 ARPU Rs.257), capex plans (~Rs.31,000 Cr for India), and the impact of geopolitical issues on operations.
A share swap transaction to acquire an additional 16.3% stake in Airtel Africa was approved, described as a no-cash, value-accretive deal for shareholders.