Bharti Airtel Q2 FY27 Revenue Jumps 16.7% YoY to ₹60,878 Crore
Bharti Airtel reported Q2 FY27 consolidated revenue of ₹60,878 crore, up 16.7% YoY. India revenue grew 9.4% YoY to ₹42,308 crore. Mobile ARPU increased to ₹271. The company added 12 million customers, reaching a total of 693 million. Capex was ₹12,467 crore, with an additional ₹2,826 crore invested in data center expansion.
The significant year-on-year growth in revenue and profits, coupled with strategic investments and positive operational metrics like ARPU and customer additions, are material financial and strategic developments for the company.
The company reported strong year-on-year growth in revenue, EBITDA, and net income, along with an increase in ARPU and customer base. Strategic investments in data centers and partnerships also indicate positive future outlook.
Bharti Airtel Limited announced its audited consolidated financial results for the second quarter (Q2) and six months ended September 30, 2026. The company reported a consolidated revenue of ₹60,878 crore, marking a significant year-on-year increase of 16.7% and a sequential growth of 4.0%. This strong performance was driven by robust momentum in both its India and Africa operations.
The India business contributed ₹42,308 crore in revenues, up 9.4% year-on-year and 2.7% quarter-on-quarter. This growth was underpinned by a strategy of portfolio premiumization in the Mobile segment, alongside strong performance in Homes and Airtel Business. The India mobile revenue saw a 10.1% year-on-year increase, attributed to higher Average Revenue Per User (ARPU) and a rise in smartphone data customers.
The Homes segment continued its upward trajectory with a 25.3% year-on-year revenue growth, driven by a focus on quality customers and the convergence agenda. Airtel Business also posted a healthy 11.4% year-on-year revenue growth, with broad-based expansion across its core business and digital services. Digital TV revenues increased by 2.4% year-on-year, supported by IPTV adoption, while Passive Infrastructure Services revenue grew by 4.0% year-on-year due to ongoing site rollouts.
Consolidated EBITDA reached ₹35,240 crore, with an EBITDA margin of 57.9%. Consolidated EBITDAaL stood at ₹31,488 crore, maintaining a strong margin of 51.7%. Consolidated EBIT was ₹20,556 crore, reflecting a margin of 33.8%. The company's consolidated net income, before exceptional items, was ₹9,015 crore, an increase from ₹6,792 crore in Q2 FY26.
Key operational highlights include a total customer base expansion to 693 million across 15 countries, with 12 million net additions in the quarter. The industry-leading mobile ARPU increased to ₹271 from ₹256 in Q2 FY26. Smartphone data customers now constitute 81% of the total mobile base. The company also invested ₹2,826 crore in a strategic land parcel for data center expansion, aligning with its ambition to build 1 GW of data centre capacity.
Gopal Vittal, Executive Vice Chairman, stated, "We delivered another quarter of consistent performance... Africa delivered a standout quarter with 6.7% QoQ constant currency revenue growth." He also highlighted the strong performance in India Mobile, Homes, and Airtel Business, and the encouraging early traction in Financial Services.
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