Bharti Airtel Limited has informed the Exchange about Transcript
BHARTIARTL · price
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Awaiting price reaction for this filing.
Bharti Airtel posted consolidated revenue of about Rs. 54,000 crore, up 3.5% sequentially, with EBITDAaL at over Rs. 27,700 crore (up 4.2%) and margin improving 30 basis points to 51.3%. Operating free cash flow was strong at Rs. 15,900 crore, with quarterly capex of Rs. 11,800 crore. India mobile ARPU stood at Rs. 259 with 4.4 million customer additions, while broadband added a record 1.2 million customers (13 million total homes, 3 million FWA). Digital portfolio revenue grew 39% year-on-year and Airtel Finance disbursements hit Rs. 500 crore monthly run-rate. The company called the remaining rights issue as the 3-year window expired, received a credit rating upgrade, and net debt-to-EBITDAaL improved to 1.02. Management outlined plans to scale Data Centers to 1 gigawatt capacity over 3-4 years targeting 25% market share, and noted ongoing discussions with DoT for AGR parity treatment.
The results show steady execution with margin expansion, strong cash generation, and improving balance sheet — supportive for the stock. Key growth levers (Data Centers, broadband, digital, postpaid upgrade) and aggressive capex into Data Centers signal continued investment-led growth, though tariff repair remains absent and AGR dues are a pending overhang.