Pune(S.N) | Nov 06: Bharti Hexacom Limited announced its audited financial results for the quarter ended September 30, 2026, reporting a strong financial and operational performance. The company registered an 11.4% year-on-year (YoY) growth in total revenue to Rs 2,582 crore in Q2 FY27, compared to Rs 2,317 crore in the corresponding quarter last year. Revenue also increased by 2.9% sequentially.

Mobile services revenue grew 9.9% YoY, driven by sustained improvement in Average Revenue Per User (ARPU) and growth in the smartphone customer base. ARPU increased to Rs 264 in Q2 FY27 from Rs 251 in Q2 FY26, reflecting an improved customer mix and portfolio premiumisation. The smartphone data customer base expanded by 1.2 million over the past year, with smartphone penetration reaching 80% of the total mobile customer base. Average monthly data usage per customer increased by 23.9% to 38.1 GB, while mobile data traffic during the quarter surged 30.6% YoY to 2,526 PB.

The company's Homes, Offices and Other services segment continued to be a key growth driver, recording 49% YoY revenue growth, supported by strong customer additions and the expansion of Wi-Fi and IPTV services. The segment added 428,000 customers over the past year, taking its customer base to 989,000 as of September 2026. The company's fibre network footprint also expanded to 122 cities, compared to 117 cities in Q2 FY26.

Bharti Hexacom's EBITDA increased 12.8% YoY to Rs 1,417 crore, with the EBITDA margin improving by 65 basis points to 54.9%. EBITDAaL grew 14.2% to Rs 1,254 crore, with a margin of 48.6%, while EBIT increased 16.3% to Rs 816 crore, registering a margin improvement of 132 basis points to 31.6%. Net income before exceptional items rose 34.4% YoY to Rs 566 crore, compared to Rs 421 crore in the corresponding quarter of the previous year.

The company continued to strengthen its digital network and infrastructure, deploying 411 towers over the past year to enhance network coverage and customer experience. Capital expenditure for the quarter stood at Rs 336 crore, reflecting continued investments in network and infrastructure expansion. During the quarter, the company also enhanced its postpaid plans by introducing Apple's expanded iCloud+ offering, which now includes Apple TV and Apple Arcade, providing greater value to customers.

Bharti Hexacom's overall customer base stood at 29.957 million as of September 30, 2026, registering 4.8% YoY growth. The company's net debt-to-EBITDA ratio (annualised) improved to 0.87 from 1.25 as of September 30, 2025, while the net debt (excluding lease obligations)-to-EBITDAaL ratio strengthened to 0.31 from 0.64 during the same period.