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Bharti Airtel Delivers Strong Q2 on Higher-Value Users as Reports Diverge on Net Profit

Premiumisation lifted ARPU to Rs 256, reinforcing management's focus on quality subscribers.

Overview

  • Consolidated revenue rose 25.7% year-on-year to Rs 52,145 crore, while EBITDA reached Rs 29,919 crore with a margin near 57.4%.
  • Published net profit figures conflict, with a regulatory-filing-based number of Rs 8,651 crore reported by some outlets and Rs 6,792 crore cited by others, leaving the measure in need of clarification.
  • India mobile ARPU increased to Rs 256 as the company added about 5.1 million smartphone users and roughly 0.95 million postpaid customers in the quarter.
  • Quarterly capex totaled Rs 11,362 crore, including Rs 9,643 crore in India, alongside 2,479 new towers, 20,841 mobile broadband base stations, and 44,104 km of additional fiber.
  • Total customers reached about 624 million across 15 countries, with India near 450 million, while management highlighted momentum in Homes, fixed wireless access, enterprise, and a 7.1% constant-currency revenue gain in Africa.