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Bharti Airtel Reports 57% Q1 Profit Jump as Revenue and Margins Expand

Heavy capex-fuelled network upgrades propelled earnings growth, preparing Airtel to boost monetisation through future tariff revisions

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Overview

  • Bharti Airtel’s net profit surged 57.3% year-on-year to Rs 7,421.8 crore in Q1 FY26 on revenue from operations of Rs 49,462.6 crore, up 28.5%
  • Consolidated EBITDA reached Rs 28,167 crore with a 56.9% margin, reflecting stronger profitability across its India and Africa businesses
  • Average revenue per user climbed to Rs 250 from Rs 211, supported by a 436 million-strong Indian subscriber base and a 21.6% rise in monthly data usage to 26.9 GB per user
  • The company invested Rs 8,307 crore in capital expenditure to enhance network capacity, driving higher free cash flow and reducing net debt ratios
  • Reliance Jio outpaced Airtel in subscriber additions and data volumes, prompting management to propose reviewing data tariffs to further lift ARPU