Bharti Airtel Q2 Results: Net profit jumps 31% YoY to Rs 8,887 crore; revenue up 17%; ARPU rises to Rs 271



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Bharti Airtel reported a 31% year-on-year (YoY) increase in net profit to Rs 8,887.5 crore for the September quarter (Q2FY27), compared with Rs 6,791.6 crore in the corresponding quarter last fiscal.

The telecom major’s consolidated revenue for the quarter rose 16.7% YoY to Rs 60,878 crore, up from Rs 52,145 crore reported in Q2FY26.

India mobile revenue grew 10.1% YoY, while ARPU increased to Rs 271 in Q2FY27 from Rs 256 in the year-ago quarter, reflecting improved customer realisations.

Operating performance remained strong, with earnings before interest, taxes, depreciation and amortisation (EBITDA) growing 17.8% YoY to Rs 35,240 crore in Q2FY27, compared with Rs 29,919 crore in the year-ago period.

India revenue increased 9.4% YoY to Rs 42,308 crore, with the company’s mobile business continuing to benefit from premiumisation of its customer portfolio, higher average revenue per user (ARPU) and strong additions in smartphone data customers.


The company’s Homes business remained another key growth driver, with revenue increasing 25.3% YoY. The segment added 676,000 customers during the quarter, taking its total customer base to 15.4 million.

Airtel Business reported an 11.4% YoY increase in revenue, driven by broad-based growth across its core connectivity business and digital services portfolio. Digital TV revenue rose 2.4% YoY to Rs 771 crore, supported by growing adoption of IPTV services.Africa continued to deliver strong growth, with revenue increasing 25.7% YoY in reported currency and 20.6% in constant currency. The business had a customer base of 193.9 million.

Airtel’s balance sheet also strengthened during the quarter. Its consolidated net debt-to-EBITDA ratio, on an annualised basis, improved to 1.18 from 1.63 as of September 30, 2025. The net debt-to-EBITDAaL ratio, excluding lease obligations, stood at 0.70.

The company reported consolidated capital expenditure of Rs 12,467 crore during the quarter, including Rs 9,908 crore in India. It also invested Rs 2,826 crore in a strategic land parcel for its data centre expansion plans in the country.

Postpaid additions hit record; smartphone data base expands

On the operational front, Airtel added 2.9 million smartphone data customers sequentially, taking the number of such users to 81% of its overall mobile customer base. Smartphone data customer additions stood at 18.8 million over the past year.

The postpaid segment recorded net additions of 1.2 million customers during the quarter, its strongest-ever performance in a single quarter, taking the overall postpaid base to 31.2 million.

Mobile data consumption increased 36.5% YoY to 36.5 GB per customer per month.

The company added 497 towers and 11,684 mobile broadband base stations during the quarter. Its network expansion over the past year included 5,649 additional towers and 44,718 kilometres of fibre.

Across its operations in 15 countries, Airtel’s total customer base expanded to 693 million, supported by quarterly net additions of 12 million customers across India and Africa.

Management commentary

Commenting on the performance, Gopal Vittal, Executive Vice Chairman of Bharti Airtel, said the company delivered another quarter of consistent growth, supported by its diversified business portfolio.

He highlighted Africa’s strong performance, with revenue growing 6.7% sequentially in constant currency, attributing the improvement partly to the deployment of Airtel’s homegrown technology stack across markets. India business revenue also recorded healthy sequential growth of 2.7%.

Vittal said the India mobile business continued to benefit from the company’s portfolio premiumisation strategy and focus on acquiring quality customers. The segment recorded 3.4% sequential revenue growth, while postpaid additions touched a record 1.2 million during the quarter.

He also pointed to sustained momentum in the Homes business, which added 676,000 customers, and Airtel Business, which reported 3.8% sequential revenue growth.

The company’s newer growth initiatives, including financial services and data centres, are also gaining traction, Vittal said. Airtel’s investment in a strategic land parcel during the quarter is part of its ambition to build 1 GW of data centre capacity.

He added that the company remained focused on maintaining a strong balance sheet, supported by robust cash generation and disciplined capital allocation.

Bharti Airtel shares end lower

Shares of Bharti Airtel ended Thursday’s trading session 0.52% lower at Rs 2,056.90, compared with the previous close of Rs 2,067.60 on the NSE.

During the session, the stock traded in a range of Rs 2,048-2,084.

The telecom major’s shares have declined nearly 3% so far this year. At the prevailing market price, Bharti Airtel had a market capitalisation of approximately Rs 12.84 lakh crore.

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