MUMBAI: Talk about a strong connection Bharti Airtel has come in loud and clear this quarter. The telco rang in a consolidated net profit of Rs 5,948 crore for Q1 FY26, marking a solid 104 per cent year-on-year jump from Rs 2,925 crore in Q1 FY25. The growth came on the back of higher subscriber additions, a healthy operating margin, and steady performance across its India and Africa businesses.
Revenue from operations for the quarter ended June 30, 2025, stood at Rs 49,463 crore, rising 28.5 per cent year-on-year and 3.3 per cent sequentially. Consolidated EBITDA came in at Rs 28,167 crore, up 41.2 per cent YoY, with the EBITDA margin remaining strong at 56.9 per cent.
Calling all metrics here’s the lowdown:
. EBIT stood at Rs 15,621 crore, a 67 per cent YoY rise, with margins improving to 31.6 per cent.
. Profit before tax increased 98.6 per cent YoY to Rs 10,504 crore.
. India mobile services revenue clocked in at Rs 27,396 crore in Q1 FY26 versus Rs 22,527 crore last year.
. Africa mobile services brought in Rs 12,083 crore, up from Rs 9,637 crore YoY.
. Homes services (broadband) contributed Rs 1,718 crore, and
. Digital TV services fetched Rs 762 crore.
. Airtel Business, its B2B arm, generated Rs 5,057 crore.
Subscriber base rings in growth:
The company added 1.5 crore customers during the quarter, taking its total global base to 60.5 crore subscribers, a 6.7 per cent YoY increase. Of these, India accounted for 43.6 crore users, up 6.6 per cent, and Africa stood at 16.9 crore, growing 9 per cent.
Margins and metrics dial up too:
. Operating margin: 31.1 per cent (vs 23.8 per cent YoY)
. Net profit margin: 15.0 per cent (vs 12.3 per cent YoY)
. Debt-to-equity: Improved to 0.80 (from 1.21 YoY)
. Interest coverage ratio: Rose to 6.35x (from 4.74x)
. Basic earnings per share: Rs 10.26 (vs Rs 7.21 YoY)
. Net worth: Rs 11,79,009 million
Segment-wise, Passive Infrastructure Services revenue surged to Rs 8,091 crore, reflecting growth from its Indus Towers investment, while Airtel Business remained resilient despite a slight sequential dip.
Standalone net profit was Rs 3,765 crore in Q1, with revenue at Rs 29,249 crore. The company maintained a healthy standalone EBITDA of Rs 17,177 crore and net profit margins of 12.9 per cent.
Airtel has not only tightened its financial grip but also expanded its user base proving it’s not just chasing signals, but setting benchmarks.
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