Mumbai, Aug 4 (IANS) Telecom major Bharti Airtel on Tuesday reported a robust 37.3 per cent year-on-year (YoY) rise in consolidated net profit for the June quarter (Q1 FY27), driven by strong subscriber additions, growing adoption of premium plans and healthy performance across its India and Africa businesses.
The company’s consolidated net profit rose to Rs 8,167 crore in the quarter ended June 30, compared with Rs 5,948 crore in the corresponding period last financial year (Q1 FY26), according to its stock exchange filing.
Revenue from operations grew 18.4 per cent year-on-year and 5.7 per cent sequentially to Rs 58,539 crore, as per its regulatory filing.
Commenting on the performance, Bharti Airtel Vice Chairman and Managing Director Gopal Vittal said the company delivered a strong quarter with healthy growth across both India and Africa operations.
“Our balance sheet remains strong, reflecting disciplined capital allocation and focused investments to future-proof Airtel,” he mentioned.
Consolidated EBITDA stood at Rs 33,599 crore during the quarter, translating into an EBITDA margin of 57.4 per cent.
Airtel continued to strengthen its subscriber base during the quarter, adding 14.9 million customers and taking its total customer count to 681 million across 15 countries.
The company said it recorded its highest-ever quarterly addition of postpaid customers, adding one million users during the period.
Its postpaid subscriber base now stands at 30 million. Airtel also reported strong growth in smartphone users, with its smartphone data customer base increasing by 21.1 million over the past year, representing growth of 7.5 per cent.
During the quarter, the telecom operator introduced Postpaid Fast Lane, a service powered by 5G network slicing technology aimed at improving user experience for premium customers.
Airtel continued to expand its network infrastructure, adding 1,579 towers and 14,540 mobile broadband base stations during the quarter.
Over the last 12 months, the company rolled out 7,631 towers and laid more than 45,000 kilometres of fibre to strengthen connectivity and support rising data consumption.
The company’s homes business delivered strong growth, with revenue rising 33.2 per cent year-on-year.
Airtel added 473,000 customers in the segment during the quarter, taking its total home services customer base to 14.7 million.
–IANS
pk
