Bharti Airtel Revenue History — Quarter by Quarter

Bharti Airtel's revenue moved from ₹37,440 Cr in Q1 FY24 to ₹55,400 Cr in Q4 FY26, a 48.0% change over 12 quarters. The table keeps each quarter linked back to the underlying earnings page.

Revenue by Quarter

Quarter	Revenue (₹ Cr)	YoY Change
Q4 FY26	₹55,400 Cr	—
Q3 FY26	₹54,000 Cr	—
Q2 FY26	₹52,000 Cr	—
Q1 FY26	₹49,463 Cr	—
Q4 FY25	₹47,876 Cr	—
Q3 FY25	₹45,130 Cr	—
Q2 FY25	₹41,400 Cr	—
Q1 FY25	₹38,500 Cr	—
Q4 FY24	₹37,600 Cr	—
Q3 FY24	₹37,900 Cr	—
Q2 FY24	₹37,000 Cr	—
Q1 FY24	₹37,440 Cr	—

What management said about revenue

Q4 FY26 · Financial services NBFC commercial launch progressing

Airtel Money received RBI approval to operate as an NBFC and is moving towards commercial launch, with monthly loan disbursement run rate over INR 550 crore.

Q3 FY26 · Continued ARPU growth without tariff repair

Management expects to drive ARPU through feature-to-smartphone upgrades, prepaid-to-postpaid, data monetization, and international roaming.

Q3 FY26 · Step-up in fiber home passes to 2M per quarter

Airtel is rolling out 2 million fiber home passes per quarter to support broadband growth.

Q2 FY26 · Home broadband industry to reach 100 million homes in 5-6 years

Management expects the home broadband market to grow from ~50 million to 100 million connected homes over the medium term, with Airtel investing aggressively to capture share.

Q2 FY26 · Capex to moderate directionally over time

While near-term capex may be elevated due to home broadband and data center investments, management expects a directional decline in capex as a percentage of revenue over the medium term.

Q1 FY26 · B2B underlying growth to continue with strong funnel

Underlying B2B revenue grew 2% QoQ after exiting low-margin business; order book and funnel remain strong.

Q4 FY25 · Broadband home passes to increase to over 2.5 million per quarter

Management aims to step up fiber home pass rollout from current 1.7 million per quarter to over 2.5 million.

Q4 FY25 · Postpaid net adds expected to step up in coming quarters

Management expects postpaid net adds to increase from current 600K per quarter as tariff repair impact settles.

Q3 FY25 · CapEx moderation in FY26

CapEx for FY25 will be lower than FY24, and moderation will continue into FY26, with CapEx/revenue trending down toward global peer levels.

Q3 FY25 · B2B low-margin exit to impact top line but not EBITDA

Exiting commodity voice and messaging business will reduce top line over ~6 months but have negligible EBITDA impact.

Q3 FY25 · Home broadband momentum to improve

Expect continued growth in home broadband via FWA expansion, fiber rollout, and channel expansion to 100,000 points of presence.

Q2 FY25 · Full benefit of tariff repair to accrue over next two quarters

Management expects the full impact of the recent tariff increase to be reflected in the coming quarters, with normalization of customer trends already seen in October.