Bharti Hexacom Reports Q1 FY27 Results: Total Revenues Reach Rs 2,510 Crore Amid Segment Growth and Margin Expansion

Bharti Hexacom Reports Q1 FY27 Results: Total Revenues Reach Rs 2,510 Crore Amid Segment Growth and Margin Expansion​

Bharti Hexacom Limited announced its audited financial results for the first quarter of fiscal year 2027 (Q1 FY27), which ended on June 30, 2026. The company reported strong operational performance, with total revenues rising by 10.9% year-on-year (YoY) to Rs 2,510 crore, and Net Income (before exceptional items) increasing by 23.2% YoY to Rs 482 crore.

The financial results highlight robust growth across key segments. Total revenues grew by 4.0% sequentially (QoQ), while the Mobile services revenue registered a gain of 9.3% YoY, attributed to sustained customer additions and higher Average Revenue Per User (ARPU). The Homes, Offices, and Other services segment was highlighted as a significant growth driver, delivering a substantial revenue increase of 61.4% YoY.

Profitability metrics showed marked improvement across the board. EBITDA increased by 13.0% YoY, reaching Rs 1,375 crore, resulting in an EBITDA margin expansion of 99 basis points (bps) year-on-year to 54.8%. EBIT grew 13.7% YoY to Rs 770 crore, improving the margin by 74 bps YoY to 30.7%.

Operational Highlights and Market Position​

The company expanded its digital footprint during the quarter, investing Rs 382 crore in Capex. Operational excellence was noted across several fronts:

• Customer Growth: The mobile data customer base increased by 1.3 million over the past year, representing a YoY increase of 6.0%, and accounted for 80% of total mobile customers.
• ARPU Increase: Mobile ARPU rose to Rs 259 in Q1 '27 from Rs 246 in Q1 '26.
• Data Usage: Mobile data usage surged by 30.5% YoY, with the average monthly usage per customer reaching 36.2 GB.

In the Homes, Offices and Other services segment, the company added 416,000 customers over the last year, expanding its client base to 0.9 million. Furthermore, the Fiber network footprint expanded to 121 cities as compared to 115 in Q1 '26. The company also announced the launch of Postpaid Fast Lane, an innovation powered by 5G slicing technology. To support coverage and enhance customer experience, Bharti Hexacom deployed 399 towers over the past year.

Financial Performance Summary (Amount in Rs crore)​

The detailed Statement of Income provided insights into performance trends across quarters:

Debt Metrics and Customer Base Snapshot​

The company's balance sheet metrics also showed improvement:

• Net Debt to EBITDA ratio (annualised) strengthened to 0.80, down from 1.30 as of June 30, 2025.
• Net Debt (excluding lease obligations) to EBITDAaL ratio (annualised) improved to 0.20 from 0.65 as of June 30, 2025.

The overall customer base metrics are detailed below:

BHARTIHEXA Stock Price Movement​

Shares of Bharti Hexacom Limited slipped today, shedding 1.57% to settle at ₹1616.8. The equity traded on a volume of 67,498 shares during the trading session.