Bharti Airtel

BHARTIARTL · NSE · INR

₹1,741.10−0.90%−₹15.90

Close · October 1, 2026

At a glance

Revenue growth: +21.96%; FY to Mar 2026 vs FY to Mar 2025
Net income growth: −20.45%; FY to Mar 2026 vs FY to Mar 2025
Net margin: 12.7%; FY to Mar 2025: 19.4%

Financial data

Amounts in millions of INR; per-share values in INR; shares in millions.

Balance sheet · Quarterly
Item	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
Total assets	5,715,450	5,521,516	5,294,056	5,238,629	5,150,367	5,143,604	5,008,636	4,609,821	4,450,907	4,445,310	4,456,927	4,420,961
Current assets	1,076,691	902,154	781,100	739,222	702,235	675,888	670,048	552,831	548,858	582,761	642,882	579,928
Cash and equivalents	306,912	137,222	216,551	189,839	180,089	61,056	157,103	122,390	122,585	69,155	169,181	142,754
Short-term investments	277,181	58,396	60,253	47,749	32,552	21,458	5,759	2,711	10,075	40,236	61,020	21,627
Receivables	92,641	184,225	83,655	89,089	80,612	195,965	99,707	56,452	50,768	135,214	55,099	55,927
Inventory	—	6,009	—	—	—	4,517	—	4,361	—	3,639	—	3,386
Net property, plant and equipment	2,423,028	2,370,034	2,260,721	2,215,481	2,157,013	2,141,101	2,066,509	1,877,458	1,759,878	1,714,565	1,655,598	1,636,927
Goodwill	—	566,859	—	—	—	516,974	—	262,555	—	265,017	—	296,778
Other intangible assets	1,795,459	1,255,854	1,819,310	1,837,314	1,833,924	1,336,596	1,856,734	1,249,507	1,470,190	1,222,490	1,521,942	1,270,549
Long-term investments	54,815	52,007	49,196	46,843	42,291	41,851	40,593	341,672	331,031	313,328	300,600	293,553
Current liabilities	1,888,739	1,745,057	1,736,886	1,787,867	1,656,308	1,804,402	1,606,947	1,541,619	1,439,251	1,386,678	1,333,210	1,315,908
Accounts payable	512,569	450,152	465,069	452,326	434,766	381,537	402,031	395,892	382,085	351,325	367,843	360,453
Long-term debt	890,225	1,000,849	968,938	977,832	974,547	1,048,638	1,057,063	1,165,534	1,052,684	1,309,626	1,325,627	1,411,017
Total debt	2,014,802	1,954,117	—	—	2,033,545	2,136,421	—	—	—	—	—	—
Total liabilities	3,708,983	3,561,882	3,603,925	3,635,089	3,542,885	3,608,927	3,494,313	3,506,791	3,330,572	3,389,671	3,421,458	3,386,869
Total equity (incl. minority)	2,006,467	1,959,634	1,690,131	1,603,540	1,607,482	1,534,677	1,514,323	1,103,030	1,120,335	1,055,639	1,035,469	1,034,092
Retained earnings	—	604,294	—	—	—	431,413	—	—	—	137,749	—	—
Minority interest	388,316	469,068	442,182	425,580	410,246	397,958	479,248	232,056	237,268	235,451	244,615	259,249