Overview
- The telco reported a Q2 FY26 consolidated net loss of Rs 5,524 crore versus Rs 7,176 crore a year earlier, with revenue up 2.4% to Rs 11,195 crore.
- ARPU increased to Rs 180, nearly 9% higher year-on-year, supported by customer upgrades and tariff hikes, as 4G/5G users rose to 127.8 million.
- Finance costs fell 27% on reduced bank borrowings, with bank debt down to about Rs 1,530–1,542 crore, though total debt remains about Rs 2.02 lakh crore.
- Shares climbed 3–6% to roughly Rs 10 in Tuesday trade following the results, even as the broader market weakened.
- Management welcomed Supreme Court directions allowing AGR dues reconciliation, the CEO pegged AGR at Rs 78,500 crore, and the company said it is engaging lenders for fresh funding with the government owning 49%.