Bharti Airtel reported a sharp 55% year-on-year decline in consolidated net profit to ₹6,630 crore for the October–December 2025 quarter, largely due to the impact of new Laboure codes and a high base effect from last year. The company absorbed a ₹257 crore hit from higher provisions for gratuity and compensated absences. In the year-ago quarter, profit was boosted by an exceptional gain from the reclassification of Indus Towers as a subsidiary.
Despite the profit drop, Airtel’s operating performance remained robust. Consolidated revenue rose 15.2% to ₹53,982 crore, while EBITDA surged 25.2% to ₹31,144 crore, with margins improving to 57.7%. Average revenue per user increased to ₹259, the highest among peers.
India revenues grew 13.2% to ₹39,226 crore, supported by a rising customer base of 368.5 million and strong growth in smartphone data users. Airtel continued network expansion, adding over 16,000 broadband base stations during the quarter.
Africa delivered steady growth, while the home and IPTV businesses recorded their strongest-ever customer additions, reinforcing Airtel’s diversified growth momentum.
Bharti Airtel Q3FY26 Profit Drops 55% on Laboure Code Impact, Operational Metrics Stay Strong
