Gurugram, Nov 05: Bharti Airtel Limited today announced its audited consolidated results for the quarter ended September 30, 2026.
Q2’27 Performance:
Our total Customer base expanded to 693 Mn across 15 countries supported by strong quarterly net additions of 12 Mn customers across India and Africa.
Consolidated revenues for the quarter grew 16.7% YoY and 4.0% QoQ to Rs 60,878 crore, led by strong momentum in both India and Africa. Consolidated EBITDA for the quarter stood at Rs 35,240 crore with EBITDA margin of 57.9%.
India revenues for Q2’27 reached Rs 42,308 crore, registering a strong growth of 9.4% YoY and 2.7% QoQ.
India Mobile revenue up 10.1% YoY, driven by strong customer additions and improved realization with Average Revenue Per User (ARPU) expanding to Rs 271 in Q2’27 from Rs 256 in Q2’26.
Strategic focus on strengthening our portfolio proposition led to exceptional performance in postpaid segment, resulting in record net additions of 1.2 Mn taking total base to 31.2 Mn. The smartphone data customer base expanded by 18.8 Mn over the past year.
During the quarter, Airtel strengthened its postpaid proposition by adding Apple's newly expanded iCloud+ offerings, which now also includes Apple TV and Apple Arcade, offering greater value and another reason for customers to upgrade.
We continue to strengthen our digital infrastructure and deployed 497 towers and 11,684 mobile broadband base stations during the quarter. Over the past year, network expansion included 5,649 towers and 44,718 kilometers of fiber, significantly enhancing coverage, capacity, and resilience.
Driven by strong demand and market penetration, the Homes segment revenue grew by 25.3% YoY. Net customer additions for the quarter stood at 676 K, bringing the total Homes customer base to 15.4 Mn.
With a customer base of 15.6 Mn, Digital TV delivered revenues of Rs 771 crore for the quarter, continuing to benefit from strong underlying growth in IPTV.
Airtel Business posted another quarter of double digit revenue growth of 11.4% YoY, led by strong momentum across the portfolio.
During the quarter, Airtel Business and ITI Limited enter into strategic partnership to accelerate India’s digital transformation. As enterprises across the country advance their digitization in line with the nation’s digital growth and development agenda, the collaboration will combine the complementary strengths and engineering excellence of ITI Limited and Airtel Business, to help businesses modernize legacy systems, improve operational efficiency, strengthen security, and respond faster to changing business demands.
Africa delivered yet another quarter of robust growth of 20.6% YoY in Constant Currency, with 193.9 Mn customer base. Reported Revenue growth also came in strong at 25.7% YoY.
In a statement, Gopal Vittal, Executive Vice Chairman, said:
We delivered another quarter of consistent performance with consolidated revenues of Rs 60,878 crore, increasing 4.0% QoQ, underscoring the strength of our diversified portfolio. Africa delivered a standout quarter with 6.7% QoQ constant currency revenue growth. Africa’s improving performance is also benefiting from the rollout of Airtel’s homegrown technology stack across markets, powering our go-to-market capabilities. Group-wide synergies are also beginning to deliver tangible operating gains. India business recorded strong revenue growth of 2.7% sequentially.
India Mobile delivered revenue growth of 3.4% QoQ, backed by our strategy of portfolio premiumization and winning quality customers. Our postpaid momentum remained strong with record high net customers additions of 1.2 million. We added 2.9 million smartphone data customers with continued improvement of our industry leading ARPU at Rs 271.
The Homes business saw 676 K customer additions, driven by disciplined customer acquisition and continued progress on our convergence strategy.
Airtel Business sustained strong momentum with revenue growth of 3.8% QoQ and 11.4% YoY, led by strong performance across the portfolio.
Our new growth engines continue to gain momentum. Our investment in a strategic land parcel during the quarter marks another important step towards realising our ambition of building 1 GW of data centre capacity. In Financial Services, early traction following the commercial launch has been very encouraging, with our digital platforms, advanced data analytics and disciplined operating model providing a strong foundation to scale the business.
We continue to maintain a strong and resilient balance sheet, anchored by robust cash generation and disciplined capital allocation.