Highlights

• Consolidated revenue rises to Rs 55,383 crore, reflecting 15.7% year-on-year increase in Q4 FY26 period.
• India revenue reaches Rs 39,566 crore, supported by mobile, homes and enterprise segment contributions.
• Africa operations report constant currency growth of 22.3%, contributing to overall consolidated performance.

Bharti Airtel Limited (NSE:BHARTIARTL) reported its consolidated financial results for the quarter ended March 31, 2026, with total revenues at Rs 55,383 crore compared to Rs 47,876 crore in the corresponding quarter last year. The results reflect performance across India and Africa operations along with enterprise and infrastructure services.

Financial Performance

Consolidated EBITDA stood at Rs 32,038 crore, while EBITDA margin was 57.8%. EBIT was reported at Rs 18,156 crore, marking an increase compared to the previous year period. Net income (before exceptional items) came in at Rs 7,245 crore versus Rs 5,223 crore in Q4 FY25. Capex for the quarter was Rs 16,066 crore, deployed across network expansion and digital infrastructure.

Source: Company Filing

India Operations

India revenue stood at Rs 39,566 crore, up 7.7% year-on-year. Mobile revenue increased by 8.3% supported by higher ARPU of Rs 257 and growth in smartphone data users. The Homes business reported revenue growth of 37.3% year-on-year, supported by 1,135K net customer additions. Airtel Business reported sequential growth of 2.6%. Digital TV revenues declined 2.3% year-on-year.

Africa Operations

Africa business revenue increased 22.3% in constant currency terms. The region reported margin expansion in both EBITDA and EBIT metrics. Customer base in Africa stood at approximately 184 million across multiple markets.

Operational Metrics

The total customer base stood at approximately 665.9 million across 15 countries. Smartphone data customers increased by 20.0 million year-on-year. Data usage rose 32.8% year-on-year to 31.4 GB per user per month. Postpaid net additions were 0.8 million during the quarter. Net debt to EBITDAaL ratio stood at 0.79 times on an annualised basis.

Share Performance

Bharti Airtel shares (NSE:BHARTIARTL) Traded at Rs 1,808.60, up 1.08% on 14 May 2026. The stock opened at Rs 1,820.00 and traded in the range of Rs 1,810.80 to Rs 1,824.00 during the session. The previous close stood at Rs 1,789.20, reflecting mild upward movement in the trading session.

 
Source: Trading View

Key Risks

• Regulatory changes affecting telecom tariffs may impact revenue visibility and pricing structure.
  • High capital expenditure requirements may pressure free cash flow generation cycles.
  • Intense competition in mobile and broadband segments could affect market share stability.
  • Foreign exchange fluctuations may influence Africa business reported earnings performance.

Summary

Bharti Airtel (NSE:BHARTIARTL) reported consolidated revenue of Rs 55,383 crore in Q4 FY26, driven by India and Africa operations. EBITDA and EBIT improved year-on-year alongside higher customer additions and ARPU growth in India. Africa revenue increased in constant currency terms. Capex remained elevated due to network expansion. Net income before exceptional items rose compared to previous year period.

FAQs

Q: What was Bharti Airtel’s consolidated revenue in Q4 FY26?
A: Consolidated revenue was Rs 55,383 crore for the quarter ended March 2026 period.

Q: How did India mobile segment perform in Q4 FY26 results?
A: India mobile revenue increased 8.3% year-on-year, supported by higher ARPU and user growth.

Q: What was the customer base reported by Bharti Airtel in Q4 FY26?
A: Total customer base stood at approximately 665.9 million across India and international operations.