Bharti Airtel

Bharti Airtel's Q4 FY26 consolidated revenue reached INR 55,400 croreCurrent reported value: INR 55,400 crore. No comparable prior figure is available in the source record., up 2.6% sequentially, with India EBITDA margin improving 20 bpsCurrent reported value: 20 bps. No comparable prior figure is available in the source record. to 52%Current 52% vs previous available quarter 51.3%.. Mobile ARPU was INR 257Current INR 257. Reported change: +INR 3 QoQ., up only INR 3 sequentially, impacted by West Asia crisis on international roaming and unlimited 5G data plans. Management acknowledged the pricing architecture is 'broken' and aims to accelerate ARPU growth through postpaid upgrades and premiumization. Homes added 1.1MCurrent 1.1M. Reported change: +1.1M QoQ. net customers, B2B order book grew 17%Current 17%. Reported change: +17% YoY. YoY. New growth bets (data centers, financial services, cloud) are progressing, with Nxtra raising $1B and NBFC approval received. Capex for FY26 India was ~INR 31,000 crore; FY27 capex expected to be similar. Risk: handset price increases and chipset shortages could slow smartphone upgrades and home broadband growth.