Bharti Airtel Ltd

Net profit of Bharti Airtel declined 33.54% to Rs 7325.10 crore in the quarter ended March 2026 as against Rs 11021.80 crore during the previous quarter ended March 2025. Sales rose 15.68% to Rs 55383.20 crore in the quarter ended March 2026 as against Rs 47876.20 crore during the previous quarter ended March 2025. For the full year,net profit declined 20.45% to Rs 26695.20 crore in the year ended March 2026 as against Rs 33556.10 crore during the previous year ended March 2025. Sales rose 21.96% to Rs 210972.80 crore in the year ended March 2026 as against Rs 172985.20 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales55383.2047876.20 16 210972.80172985.20 22 OPM %56.8656.41 -56.7353.85 - PBDT26848.9022050.00 22 101301.0076682.00 32 PBT13205.409724.00 36 48590.2031111.70 56 NP7325.1011021.80 -34 26695.2033556.10 -20 Powered by Capital Market - Live

Revenue from operations increased 2.59% QoQ to Rs 55,383.2 crore in the March quarter from Rs 53,853.6 crore in the preceding quarter. On a year-on-year (YoY) basis, consolidated net profit declined 33.53% to Rs 7,325.1 crore in Q4 FY26, even as revenue from operations rose 15.68% from Rs 47,874.6 crore reported in the corresponding quarter last year. The company reported a 15.68% YoY revenue growth, supported by robust performance across India and Africa. Profit before exceptional items and tax (PBT) climbed 35.80% YoY to Rs 13,205.4 crore in Q4 FY26. Exceptional items of Rs 3,160.7 crore. Consolidated EBITDA stood at Rs 32,038 crore in Q4 March 2026, registering the growth of 16.9% YoY with EBITDA margin of 57.8%. India revenue for Q4 FY26 stood at Rs 39,566 crore, up 7.7% year-on-year. India mobile revenue rose 8.3% YoY, driven by higher realizations and an expanding customer base. The company reported strong ARPU growth, with Average Revenue Per User (ARPU) at Rs 257 in Q4 FY26, compared with Rs 245 in Q4 FY25. During Q4 FY26, 2,426 towers and 16,746 mobile broadband base stations were deployed. Over the past year, 7,883 towers were added, along with 43,290 km of fibre deployed to further strengthen digital infrastructure. During the quarter, the company crossed a milestone of 650 million customers, consolidating its position as the second-largest telecom operator globally by customer base, and becoming India's first telco to achieve this landmark, driven by customer focus and a robust digital network. The Homes segment saw robust revenue growth of 37.3% YoY, driven by strong base expansion. We added 1.1 million customers this quarter, reaching a total customer base of 14.2 million. Airtel Business reported a 2.6% increase in revenue on a sequential basis, driven by sustained performance across the portfolio. During the quarter, Bharti Airtel announced an investment of US$ 1 billion by Alpha Wave Global, Carlyle and Anchorage Capital, through their affiliates, in Nxtra Data Limited, its subsidiary engaged in the data centre business, to expand its network across India and accelerate growth. Airtel will also participate in the funding round. In India, customer base stood at Rs 482 million. India revenue came in at Rs 39,566 crore, up 7.7% year-on-year. EBITDA stood at Rs 23,965 crore, up 8.8% YoY, with EBITDA margin at 60.6%. EBITDAaL rose 9.2% YoY to Rs 22,162 crore, with margin at 56.0%. EBIT increased 10.4% YoY to Rs 12,762 crore, with EBIT margin at 32.3%. Capex for the quarter stood at Rs 13,488 crore. In Africa, customer base stood at Rs 184 million. Revenue in constant currency grew 22.3% YoY. EBITDA margin in constant currency was 49.5%, up 223 basis points year-on-year, while EBIT margin improved 276 bps YoY to 32.5%. Capex for the quarter stood at Rs 2,577 crore. Gopal Vittal, Executive Vice Chairman, said, 'the company ended FY26 on a strong note, supported by its diversified portfolio. He said FY26 was a key year for the company, marked by crossing the 650 million customer milestone, launching a telco-grade sovereign cloud, receiving RBI approval through its subsidiary to commence lending operations, and accelerating expansion of its data centre footprint. He added that the company will continue to step up investments in building world-class digital networks, embed AI at the core of its operations, and sharpen its portfolio for long-term growth. A major focus, he said, is to eliminate diesel usage from operations, with efforts underway alongside Indus Towers to scale up clean energy adoption. On performance, consolidated revenue for the quarter stood at Rs 55,383 crore, up 2.6% sequentially. India revenue, including passive infrastructure services, rose 0.9% QoQ, while Africa revenue grew 1.1% in constant currency terms. India mobile business grew 0.6% sequentially despite fewer days in the quarter, aided by the addition of 5.8 million smartphone customers and 0.8 million postpaid customers. The company's ARPU stood at Rs 257. The homes business recorded a 9.5% sequential revenue growth, supported by 1.1 million net customer additions, while the IPTV offering continued to gain traction. Airtel Business grew 2.6% sequentially, driven by strength across connectivity and digital services. He further said the balance sheet remains strong due to disciplined execution and capital allocation, while noting that further tariff repair is essential to support continued investments and long-term value creation.' The Board has considered and recommended a final dividend of Rs 24 per fully paid-up equity share of face value Rs 5 each. The company has also recommended a dividend of Rs 6 per partly paid-up equity share of face value Rs 5 each (with paid-up value of Rs 1.25 per share), on which call money remains unpaid. The dividend is in proportion to the amount paid-up on each equity share of face value Rs 5 each. Bharti Airtel is a global communications solutions provider with over 600 million customers in 15 countries across India and Africa. The counter rose 1.78% to end at Rs 1,788.10 on the BSE. Powered by Capital Market - Live

The company reported a 15.68% YoY revenue growth, supported by robust performance across India and Africa. Profit before exceptional items and tax (PBT) climbed 35.80% YoY to Rs 13,205.4 crore in Q4 FY26. Exceptional items of Rs 3,160.7 crore. Consolidated EBITDA stood at Rs 32,038 crore in Q4 March 2026, registering the growth of 16.9% YoY with EBITDA margin of 57.8%. India revenue for Q4 FY26 stood at Rs 39,566 crore, up 7.7% year-on-year. India mobile revenue rose 8.3% YoY, driven by higher realizations and an expanding customer base. The company reported strong ARPU growth, with Average Revenue Per User (ARPU) at Rs 257 in Q4 FY26, compared with Rs 245 in Q4 FY25. During Q4 FY26, 2,426 towers and 16,746 mobile broadband base stations were deployed. Over the past year, 7,883 towers were added, along with 43,290 km of fibre deployed to further strengthen digital infrastructure. During the quarter, the company crossed a milestone of 650 million customers, consolidating its position as the second-largest telecom operator globally by customer base, and becoming India's first telco to achieve this landmark, driven by customer focus and a robust digital network. The Homes segment saw robust revenue growth of 37.3% YoY, driven by strong base expansion. We added 1.1 million customers this quarter, reaching a total customer base of 14.2 million. Airtel Business reported a 2.6% increase in revenue on a sequential basis, driven by sustained performance across the portfolio. During the quarter, Bharti Airtel announced an investment of US$ 1 billion by Alpha Wave Global, Carlyle and Anchorage Capital, through their affiliates, in Nxtra Data Limited, its subsidiary engaged in the data centre business, to expand its network across India and accelerate growth. Airtel will also participate in the funding round. In India, customer base stood at Rs 482 million. India revenue came in at Rs 39,566 crore, up 7.7% year-on-year. EBITDA stood at Rs 23,965 crore, up 8.8% YoY, with EBITDA margin at 60.6%. EBITDAaL rose 9.2% YoY to Rs 22,162 crore, with margin at 56.0%. EBIT increased 10.4% YoY to Rs 12,762 crore, with EBIT margin at 32.3%. Capex for the quarter stood at Rs 13,488 crore. In Africa, customer base stood at Rs 184 million. Revenue in constant currency grew 22.3% YoY. EBITDA margin in constant currency was 49.5%, up 223 basis points year-on-year, while EBIT margin improved 276 bps YoY to 32.5%. Capex for the quarter stood at Rs 2,577 crore. Gopal Vittal, Executive Vice Chairman, said, 'the company ended FY26 on a strong note, supported by its diversified portfolio. He said FY26 was a key year for the company, marked by crossing the 650 million customer milestone, launching a telco-grade sovereign cloud, receiving RBI approval through its subsidiary to commence lending operations, and accelerating expansion of its data centre footprint. He added that the company will continue to step up investments in building world-class digital networks, embed AI at the core of its operations, and sharpen its portfolio for long-term growth. A major focus, he said, is to eliminate diesel usage from operations, with efforts underway alongside Indus Towers to scale up clean energy adoption. On performance, consolidated revenue for the quarter stood at Rs 55,383 crore, up 2.6% sequentially. India revenue, including passive infrastructure services, rose 0.9% QoQ, while Africa revenue grew 1.1% in constant currency terms. India mobile business grew 0.6% sequentially despite fewer days in the quarter, aided by the addition of 5.8 million smartphone customers and 0.8 million postpaid customers. The company's ARPU stood at Rs 257. The homes business recorded a 9.5% sequential revenue growth, supported by 1.1 million net customer additions, while the IPTV offering continued to gain traction. Airtel Business grew 2.6% sequentially, driven by strength across connectivity and digital services. He further said the balance sheet remains strong due to disciplined execution and capital allocation, while noting that further tariff repair is essential to support continued investments and long-term value creation.' The Board has considered and recommended a final dividend of Rs 24 per fully paid-up equity share of face value Rs 5 each. The company has also recommended a dividend of Rs 6 per partly paid-up equity share of face value Rs 5 each (with paid-up value of Rs 1.25 per share), on which call money remains unpaid. The dividend is in proportion to the amount paid-up on each equity share of face value Rs 5 each. Bharti Airtel is a global communications solutions provider with over 600 million customers in 15 countries across India and Africa. The counter rose 1.78% to end at Rs 1,788.10 on the BSE. Powered by Capital Market - Live

Bharti Airtel announced that the Board of Directors of the Company at its meeting held on 13 May 2026, inter alia, have recommended the final dividend of Rs 24 per equity Share (i.e. 480%) , subject to the approval of the shareholders.

Bharti Airtel will hold a meeting of the Board of Directors of the Company on 13 May 2026.

Bharti Airtel has deployed more than 3,400 new 5G sites across Maharashtra & Goa over the last 12 months, delivering faster speeds, wider coverage and a significantly improved network experience for customers. The company's network expansion across 36 districts now brings dependable, high-speed coverage to 22 million+ customers in bustling cities, fast-growing towns and even remote rural villages. Thus, customers in emerging and underserved districts like Gadchiroli, Nandurbar, and Sindhudurg are seeing the benefits with the site additions effectively bridging connectivity gaps, fostering digital inclusion, and enabling reliable access. With more than nine new sites going live every day, customers across districts of Maharashtra and Goa now can count on smoother streaming, faster downloads, uninterrupted online work and learning, and more reliable digital payments'no matter where they live or travel. This enhanced 5G footprint has enabled seamless access to high-speed services that power the everyday digital needs of citizens, students, micro-businesses, tourists, and government institutions, among others.

Bharti Airtel has deployed more than 4300 new 5G sites across UP East in the last 12 months, significantly strengthening its network presence across the region. The large scale network expansion was undertaken across 48 districts of UP East circle, covering 34 million people across urban centres, growth towns and remote rural villages. By adding an average of 12 new sites every day, Airtel has accelerated the roll out of high speed connectivity, ensuring customers experience consistent performance for work, education, entertainment and digital payments.

Stocks in Spotlight: Auto stocks are expected to stay in focus as automobile companies will release their monthly sales figures. Airlines stocks will be in focus after government has increased the price of aviation turbine fuel (ATF) to Rs 1.94 lakh per litre in Mumbai effective from 1 April 2026, amid ongoing West Asia conflict. Bharti Airtel announced that its step-down subsidiary, Nxtra Data will receive $1billion investment from Alpha Wave Global, Carlyle and Anchorage Capital, through their affiliates, to expand the data centre network across India and accelerate growth. Saatvik Green Energy announced that its material subsidiary, Saatvik Solar Industries, has secured an order worth Rs 57.03 crore from a reputed independent power producer/EPC player for the supply of solar PV modules. G R Infraprojects has secured a letter of acceptance (LoA) from the National Highways Authority of India (NHAI) for a highway upgradation project valued at Rs 1,453.57 crore. Manappuram Finance said that its board approved several proposals including a leadership appointment, a capital raising plan and additional investments in its subsidiaries. The board approved borrowing programme up to Rs 7,400 crore for FY27. The board approved additional investment of Rs 7.90 crore and 150 crore in its subsidiary, Asirvad Micro Finance (AMFL) and Manappuram Home Finance, respectively. InterGlobe Aviation (Indigo) has appointed William Walsh as chief executive officer on 31 March 2026, subject to regulatory clearance from the Ministry of Civil Aviation. Walsh, currently director general of IATA (International Air Transport Association), is expected to join IndiGo by 3 August 2026 after completing his tenure at the industry body. Valor Estate said that its wholly owned subsidiary MIG (Bandra) Realtors has entered into an agreement with Adani Goodhomes for acquiring entire equity share capital of Radius Estates and Developers for Rs 383 crore. Texmaco Rail & Engineering has received an order worth Rs 357.11 crore from JSW Group for the manufacture and supply of BLSS, BLCS, and BFNV rakes along with BVCM wagons.

Headquartered in Delhi, Nxtra Data operates 14 large core data centers and over 120 edge facilities across India, offering co-location, cloud infrastructure, managed hosting, data backup, disaster recovery, and edge computing services. It has a state-of-the-art facility in Pune and is developing additional AI-ready campuses in Chennai, Mumbai, and Kolkata. It is a step-down subsidiary of the company in which Airtel, wholly owned subsidiary currently holds 75.96% stake. As part of the pact, Alpha Wave Global will invest $435 million, Carlyle $240 million, Anchorage Capital $35 million, with the rest being infused by Airtel. The investors' final shareholding will be subject to finalized post-closing adjustments. Airtel will continue to retain a controlling stake in Nxtra. The deal is subject to regulatory approvals in India. Nxtra Data to be valued at around $3.1 billion post-closing of transaction. According to a Savills India report, India's data center market is expected to grow at a CAGR of around 21% between 2024 and 2030 to reach nearly 3,400 MW of IT capacity. Gopal Vittal, executive vice chairman, Airtel, said, 'At Nxtra, we have built one of India's most advanced and sustainable data center networks, designed to meet the evolving needs of enterprises, hyperscalers, and government. With ~300 MW capacity today, we aim to scale to 1 GW in the next few years, targeting ~25% market share.' Rick Gerson, co-founder & CIO, Alpha Wave Global, said, Alpha Wave has a particular focus on identifying and backing AI-first businesses including Anthropic, OpenAI, Cerebras, SpaceX, X.ai, Ramp, Cognition and Long Lake Management. We are excited to partner with Mr. Sunil Mittal and the Bharti Group ' a franchise defined by outstanding leadership and a remarkable track record of executing at scale alongside institutional investors - as Nxtra scales to become India's leading data center business. Bharti Airtel is a global communications solutions provider with over 600 million customers in 15 countries across India and Africa. It offers a gamut of solutions that includes secure connectivity, cloud and data center services, cyber security, IoT, and cloud-based communication. The company reported a 55.14% decline in consolidated net profit to Rs 6,630.5 crore, despite a 19.62% jump in revenue from operations to Rs 53,981.6 crore in Q3 FY26 over Q3 FY25. The scrip declined 3.14% to end at Rs 1,784.30 on the BSE. The stock market will remain closed today on account of Mahavir Jayanti.Powered by Capital Market - Live

Bharti Airtel announced the expansion of its network footprint to Marwah - a geographically remote area linking Kishtwar and Anantnag in Jammu & Kashmir. With this milestone deployment, Airtel has become the first and only service provider to deliver reliable mobile connectivity to this strategically significant and difficult-to-reach region. Marwah, characterized by its rugged terrain and limited seasonal road access to Kishtwar and Anantnag, remains disconnected during winters due to heavy snow fall. This isolation forces residents to rely on mules or foot travel for essential supplies, work, or emergencies, while the absence of telecom coverage left approximately 150-km corridor disconnected. Airtel's high-speed network rollout in this area marks a transformative step, empowering residents, security forces, and tourists with seamless connectivity in one of the India's most challenging terrains. Powered by Capital Market - Live