Bharti Airtel Q3FY26 Results
ARPU upto Rs 259
Bharti Airtel's share price closed 1.65% lower at Rs 1992 on Thursday. Overall, the December quarter numbers are looking good. Let us look at the details.
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Airtel Q3FY26 Results: Revenue Growth
Bharti Airtel reported revenues of Rs 53,982 crore, an increase of 19.6% year-over-year and 3.5% increase compared to the previous quarter, driven by continued growth in India and solid performance from Africa. Below are topline for different segments:
India business reported quarterly revenues of Rs 39,226 crore, growing 13.2% YoY and 1.4% QoQ. This growth was backed by continued premiumization in the Mobile segment, strong momentum in Homes segment, and steady performance from Airtel Business.
India Mobile revenue increased 9.1% YoY, driven by ARPU improvement and strong growth in smartphone data customers.
Homes business delivered yet another quarter of solid performance with revenues growing by 32.6% YoY. Net customer additions were record high at 1,159 K in Q3’26, driven by deeper coverage and market expansion.
Airtel Business reported steady growth of 1.5% sequentially. Adjacencies continue to deliver sustained growth trajectory.
Digital TV revenues increased marginally by 0.3% sequentially.
Passive Infrastructure Services revenue was marginally lower by 0.5% QoQ.
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Airtel Q3FY26 Results: EBITDA Growth
Consolidated EBITDA at Rs 31,144 crore with EBITDA margin of 57.7%. India business EBITDA at Rs 23,676 crore; EBITDA margin at 60.4%.
Consolidated EBITDAaL at Rs 27,705 crore with EBITDAaL margin of 51.3%. India EBITDAaL at Rs 21,730 crore; EBITDAaL margin at 55.4%.
Consolidated EBIT at Rs 17,654 crore with EBIT margin of 32.7%. India business EBIT at Rs 12,592 crore; EBIT margin at 32.1%.
Consolidated Net income (before Exceptional items) at Rs 6,920 crore vs Rs 5,514 crore in Q3’25. Consolidated Net Debt (excluding lease obligations) to EBITDAaL ratio (annualised) stands at 1.02 times.
Airtel Q3FY26 Results: Profit
Bharti Airtel reported a consolidated net profit of Rs 6,631 crore for Q3FY26, marking a 55% YoY fall from the Rs 14,781 crore net profit reported in Q3FY25. This however includes exceptional items in both base quarter and quarter under review.
The telco’s pre-tax profit before exceptional items rose 34% YoY to Rs 12,558.1 crore in Q3FY26, from Rs 9,346.3 crore in Q3FY25.
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