The company’s net profit came in at Rs 421 crore, marking an impressive 66.4% increase from Rs 253 crore reported in the same quarter of the previous financial year. Its revenue from operations for the second quarter of FY26 stood at Rs 2,317 crore, marking a 10.5% year-on-year rise and a 2.4% sequential increase. Growth was driven by higher mobile ARPU and steady customer additions in the Homes and Offices segment. Mobile services revenue rose 9.6% YoY, while the Homes and Offices vertical posted a robust 46.9% YoY jump, aided by 60,000 new customer additions.
Operating performance remained strong with EBITDA at Rs 1,256 crore, up 20.1% from a year earlier, translating into a margin of 54.2%, an improvement of 433 basis points YoY. EBIT rose 37.6% YoY to Rs 702 crore. The company’s EBITDAaL stood at Rs 1,098 crore, with a margin expansion of 444 bps to 47.4%.
Bharti Hexacom’s mobile ARPU improved to Rs 251 in Q2 FY26 from Rs 228 a year ago, with data usage per customer rising 27% to 30.7 GB per month. The firm added 1.6 million smartphone data users over the year, representing 78% of its total mobile base. The total customer base now stands at 28.6 million.
The company also deployed 357 towers during the year to strengthen network coverage and extended its FTTH presence to 117 cities through a partnership-led, asset-light model.
On the strategic front, Bharti Hexacom, along with Bharti Airtel, partnered with Perplexity to offer a 12-month free subscription to Perplexity Pro for all its customers, enhancing value through AI-driven search and information services.Capex for the quarter stood at Rs 368 crore, while the Net Debt (excluding lease obligations) to EBITDAaL ratio improved to 0.64 times, reflecting a stronger balance sheet.Bharti Hexacom shares ended the Monday session at Rs 1,870 per share, up half a percent from the last close on the NSE. Shares of the company are 26% since the beginning of the year.
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