Bharti Airtel Q4 FY26 results (Jan–Mar 2026) and concall

Telecommunication · Concall AI · Call held 14 May 2026

Company page: Bharti Airtel share price, financials & guidance record

Bharti Airtel delivered a strong Q4 and full FY26, achieving record consolidated revenues and robust EBITDAaL margins. The company saw significant mobile subscriber additions and a substantial dividend increase. Strategic investments in data centers, financial services, and Airtel Cloud are progressing, alongside a share swap to increase stake in Airtel Africa. However, ARPU growth faced headwinds from geopolitical factors and pricing architecture, while supply chain issues impacted FWA strategy.

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What they filed

Q4 FY26: revenue up 15.7%, net profit down 25.9% against the same quarter last year.

₹ Cr · quarterly

Line item	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26
Revenue	41,473	45,129	47,876	49,463	52,145 +26%	53,982 +20%	55,383 +16%
Expenses	19,627	20,533	20,867	21,624	22,584	23,199	23,892
EBITDA	21,846	24,597	27,009	27,839	29,561 +35%	30,783 +25%	31,492 +17%
Margin	53%	54%	56%	56%	57%	57%	57%
Other income	475	9,675	403	592	809	562	-2,198
Interest	5,424	5,676	5,502	5,461	4,866	5,623	5,606
Depreciation	11,000	11,704	12,326	12,465	13,182	13,420	13,644
Profit before tax	5,897	16,892	9,584	10,504	12,322 +109%	12,301 −27%	10,045 +5%
Tax rate	30%	4%	-30%	29%	30%	31%	8%
Net profit	4,153	16,135	12,476	7,422	8,651 +108%	8,503 −47%	9,247 −26%
EPS	6.31	25.95	19.33	10.43	11.91	11.63	12.02

How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.

What they filed

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