	2012 Mar 31	C 2013 Mar 31	C 2014 Mar 31	2015 Mar 31	R 2016 Mar 31	2017 Mar 31	C 2018 Mar 31	C 2019 Mar 31	R 2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31

Period length: Source:	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M PRESS
Total Revenue	71,506	76,947	85,864	92,135	96,532	95,468	82,639	80,780	84,677	1,00,616	1,16,547	1,39,145	1,49,982	1,72,985	2,10,973
Cost of Operating Revenue	44,974	50,903	54,632	56,312	53,680	56,122	53,128	57,310	61,529	67,749	73,276	82,111	86,916	95,377	1,13,375
Gross Profit	26,532	26,044	31,232	35,823	42,852	39,346	29,511	23,470	23,148	32,867	43,271	57,033	63,067	77,608	97,598
Gross Margin	37.1	33.8	36.4	38.9	44.4	41.2	35.7	29.1	27.3	32.7	37.1	41.0	42.0	44.9	46.3
Total Operating Expenses	61,162	68,467	73,698	76,393	79,998	79,912	71,803	76,364	77,518	84,649	92,104	1,04,303	1,11,228	1,25,396	1,44,009
Operating Profit	10,344	8,481	12,166	15,742	16,534	15,557	10,836	4,416	7,159	15,967	24,443	34,842	38,754	47,589	66,964
Operating Margin	14.5	11.0	14.2	17.1	17.1	16.3	13.1	5.5	8.5	15.9	21.0	25.0	25.8	27.5	31.7
Financing Income/(Expense) - Net	-3,827	-4,031	-4,657	-4,982	-7,003	-7,875	-7,682	-10,097	-14,073	-15,091	-16,396	-18,691	-21,367	-21,181	-21,555
Profit before Taxes	6,518	4,785	7,864	10,713	12,846	7,723	3,267	-1,732	-46,130	-14,488	12,483	16,561	12,679	38,399	45,173
Income Taxes	2,260	2,518	4,845	5,405	5,953	3,482	1,084	-3,419	-12,512	8,933	4,178	4,273	4,121	917	11,350
Profit after Tax	4,259	2,276	2,773	5,184	6,077	3,800	1,099	410	-32,183	-15,084	4,255	8,346	7,467	33,556	26,695
PAT Margin	6.0	3.0	3.2	5.6	6.3	4.0	1.3	0.5	-38.0	-15.0	3.7	6.0	5.0	19.4	12.7
EPS - Basic - ex Extraordinary Items	10.12	5.41	6.32	11.69	13.71	8.57	2.48	0.94	-67.95	-47.04	7.67	14.80	13.09	58.00	45.96
EPS - Diluted - ex Extraordinary Items	10.11	5.40	6.32	11.69	13.70	8.57	2.48	0.94	-67.95	-47.04	7.63	14.57	12.80	56.00	44.37
EBIT	10,344	8,481	12,166	15,742	16,534	15,557	10,836	4,416	7,159	15,967	24,443	34,842	38,754	47,589	66,964
EBITDA	23,712	23,295	27,815	31,273	33,984	35,330	30,079	25,764	34,253	45,372	57,534	71,274	78,292	93,159	1,19,675
EBITDA Margin	33.2	30.3	32.4	33.9	35.2	37.0	36.4	31.9	40.5	45.1	49.4	51.2	52.2	53.9	56.7

Balance Sheet

Abridged

Understanding Balance Sheet

Bharti Airtel Ltd. balance sheet covering assets, liabilities, equity and borrowings across annual and quarterly periods.

Consolidated

Standalone

Annual

Interim

	C 2012 Mar 31	R 2013 Mar 31	2014 Mar 31	2015 Mar 31	R 2016 Mar 31	R 2017 Mar 31	2018 Mar 31	R 2019 Mar 31	2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31

Source:	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	PRESS
Total Current Assets	14,808	19,691	22,386	26,766	22,855	18,204	33,499	32,864	76,643	54,753	52,028	57,501	58,276	67,589	90,215
Long-Term Investments	-	323	4,008	3,543	2,863	4,493	672	2,195	2,029	38	61	66	92	544	4,709
Property Plant & Equipment - Net	67,493	63,828	59,643	57,916	65,781	64,403	75,817	90,366	1,17,659	1,18,983	1,27,040	1,60,900	1,71,457	2,14,110	2,37,003
Total Non-Current Assets	1,42,517	1,39,535	1,60,792	1,69,016	2,02,868	2,15,061	2,17,083	2,42,292	2,84,136	2,91,275	3,11,628	3,89,132	3,86,255	4,46,772	4,61,936
Total Assets	1,57,062	1,59,225	1,83,177	1,95,782	2,25,723	2,33,265	2,50,582	2,75,156	3,60,779	3,46,028	3,63,656	4,46,633	4,44,531	5,14,360	5,52,152
Total Current Liabilities	48,887	42,055	56,805	63,444	58,660	63,460	78,240	93,013	1,31,488	1,11,636	1,14,026	1,21,964	1,38,668	1,80,440	1,74,506
Long Term Debt	49,716	57,012	55,068	45,335	89,269	89,637	84,942	87,245	1,15,447	1,35,669	1,42,591	2,02,398	1,84,890	1,60,534	1,64,585
Total Non-Current Liabilities	54,794	62,760	62,406	65,529	94,795	95,474	93,993	97,195	1,27,162	1,53,165	1,57,695	2,18,225	2,00,299	1,80,453	1,81,683
Total Liabilities	1,03,681	1,04,815	1,19,211	1,28,973	1,53,456	1,58,934	1,72,233	1,90,208	2,58,650	2,64,801	2,71,721	3,40,189	3,38,967	3,60,893	3,56,188
Total Shareholders' Equity	47,006	46,155	56,848	56,494	66,769	67,456	69,534	71,422	77,145	58,953	66,554	77,563	82,019	1,13,672	1,49,057
Minority Interest	6,375	8,255	7,119	10,315	5,498	6,875	8,814	13,526	24,985	22,274	25,381	28,881	23,545	39,796	46,907
Total Equity	53,381	54,410	63,966	66,809	72,267	74,331	78,348	84,948	1,02,130	81,227	91,935	1,06,444	1,05,564	1,53,468	1,95,963
Total Liabilities & Equity	1,57,062	1,59,225	1,83,177	1,95,782	2,25,723	2,33,265	2,50,582	2,75,156	3,60,779	3,46,028	3,63,656	4,46,633	4,44,531	5,14,360	5,52,152

Cash Flow

Abridged

Understanding Cash Flow Statement

Bharti Airtel Ltd. cash flow statement covering operating, investing and financing activities across annual and quarterly periods.

Consolidated

Standalone

Annual

Interim

	C 2012 Mar 31	R 2013 Mar 31	2014 Mar 31	2015 Mar 31	R 2016 Mar 31	C 2017 Mar 31	2018 Mar 31	R 2019 Mar 31	2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31

Period length: Source:	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M PRESS
Operating CF bef Changes in Working Cap	17,804	17,482	20,968	24,491	25,427	27,139	26,463	19,619	24,201	40,769	43,710	63,497	63,133	72,936	1,00,728
Working Capital - Increase/(Decrease)	1,505	1,854	1,502	-278	-396	-3,506	591	-5,537	-16,596	3,043	-1,447	-3,112	2,414	8,381	7,204
Net CF from Operating Activities	19,309	19,336	22,471	24,213	25,031	23,633	27,054	14,082	7,604	43,813	42,263	60,385	65,546	81,318	1,07,932
Capital Expenditures - Net	15,028	13,006	17,466	20,970	21,415	37,693	26,239	30,222	22,128	33,438	41,876	38,818	52,083	60,690	46,401
Net CF from Investing Activities	-18,380	-18,676	-24,973	-22,048	-14,604	-31,814	-29,572	-30,130	-30,967	-29,625	-42,175	-40,830	-50,878	-60,803	-59,125
Dividends Paid - Cash - Total	441	441	444	1,603	1,530	917	3,265	4,662	1,826	2,691	1,444	3,590	4,185	6,935	11,328
Stock - Issuance/(Retirement) - Net	-36	-69	10	55	104	131	-39	-24	39,132	-435	6,252	5,175	-136	-366	15,550
Debt - LT & ST - Issuance/(Retirement) - Total	-283	-2,403	1,425	-7,245	-7,231	1,173	3,910	10,249	-15,684	-18,237	-9,521	-18,911	-9,672	-6,390	-39,193
Net Cash Flow from Financing Activities	-776	-1,132	6,536	-6,268	-8,657	5,505	6,325	17,081	30,144	-17,781	-2,044	-17,780	-13,752	-18,986	-37,405
Free Cash Flow to Equity	3,997	3,927	6,430	-4,002	-3,614	-12,887	4,724	-5,891	-30,207	-7,862	-9,133	2,656	3,791	14,237	22,339
Free Operating CF net dividend	3,732	5,748	4,125	1,372	-3,976	-16,135	-3,503	-21,230	-16,481	7,540	-4,029	17,889	9,156	13,354	49,036
Free Operating CF	4,173	6,189	4,569	2,975	-2,445	-15,218	-238	-16,568	-14,655	10,231	-2,585	21,478	13,340	20,289	60,363

Business Segment Analysis

FY End:

Mar 25

Bharti Airtel Ltd. business segment breakdown covering revenue, operating income and assets across key divisions for the selected financial year.

Capex

Mobile Services (47.6%)₹ 38,878.40 CrMobile Services Africa (28.5%)₹ 23,293.30 CrPassive Infrastructure (6.4%)₹ 5,230.30 CrAirtel Business (6.0%)₹ 4,870.90 CrHome Services (5.5%)₹ 4,484.60 CrInter-segment Eliminations (3.7%)₹ -3,000.80 CrDigital TV Services (2.3%)₹ 1,876.50 CrMobile Services South Asia (0.0%)₹ 8.90 CrOther (0.0%)₹ 0.00 CrUnallocated (0.0%)₹ 0.00 Cr

Revenue / Sales

Mobile Services India (56.5%)₹ 97,688.60 CrMobile Services Africa (23.9%)₹ 41,379.80 CrAirtel Business (11.4%)₹ 19,707.30 CrHome Services (3.4%)₹ 5,859.40 CrPassive Infrastructure (3.0%)₹ 5,207.10 CrDigital TV Services (1.8%)₹ 3,055.20 CrMobile Services South Asia (0.1%)₹ 87.80 Cr

Assets

Mobile Services India (51.2%)₹ 2,85,626.50 CrPassive Infrastructure (17.6%)₹ 98,180.90 CrMobile Services Africa (17.5%)₹ 97,587.80 CrUnallocated (5.1%)₹ 28,567.40 CrAirtel Business (5.1%)₹ 28,203.90 CrHome Services (1.9%)₹ 10,865.30 CrDigital TV Services (1.0%)₹ 5,519.80 CrOther (0.6%)₹ 3,494.30 Cr

Regional Segment Analysis

FY End:

Mar 25

Bharti Airtel Ltd. geographic revenue split showing domestic and international market performance across revenue and income for the selected financial year.

Revenue / Sales

India (73.1%)₹ 1,26,412.50 CrAfrica (23.9%)₹ 41,379.80 CrOther (3.0%)₹ 5,192.90 Cr

Historical Segment Analysis

Track how Bharti Airtel Ltd. segment contributions have evolved over multiple financial years to see which divisions are growing, shrinking or gaining strategic importance.

Capex

Sales

Assets

Operating Income

Business

Regional

Business

	2010 Mar 31	2011 Mar 31	2012 Mar 31	2013 Mar 31	2014 Mar 31	2015 Mar 31	2016 Mar 31	2017 Mar 31	2018 Mar 31	2019 Mar 31	2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31

Mobile Services	-	-	-	-	-	-	37,242	38,001	22,871	23,577	10,837	20,550	27,103	64,494	34,113	38,878
Mobile Services Africa	0	3,524	7,279	4,305	4,163	8,287	5,896	2,524	-	5,085	4,542	4,543	4,889	6,040	12,810	23,293
Passive Infrastructure	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,230
Airtel Business	1,553	1,143	703	612	765	641	1,561	1,714	1,426	1,899	2,606	1,913	2,568	3,444	3,288	4,871
Home Services	1,232	4,522	859	486	886	779	665	1,965	1,113	893	559	1,100	1,656	2,183	2,896	4,485
Digital TV Services	-	1,207	829	762	624	791	1,107	861	1,028	879	1,051	1,284	1,307	1,356	1,439	1,877
Mobile Services South Asia	-	-	-	518	1,356	335	347	180	-	123	151	397	341	106	122	9
Mobile Services India & Africa	5,646	18,786	3,878	-	-	-	-	-	-	-	-	-	-	-	-	-
Other	1,010	0	161	0	0	0	1	2	27	4	0	0	0	0	6	0
Tower Infrastructure Services	2,863	2,362	1,380	1,100	757	1,013	990	983	1,131	911	0	0	0	0	-	-
Unallocated	-	126	17	303	21	95	93	160	626	0	0	0	0	0	0	0
Mobile Services India	-	-	-	5,968	10,373	28,567	-	-	-	-	-	-	-	-	-	-
Inter-segment Eliminations	-1,470	-974	-707	-584	-1,245	-711	-1,114	-2,120	-750	-577	0	-7	0	0	0	-3,001

Frequently Asked Questions

What is the revenue of Bharti Airtel Ltd.?

The latest trailing twelve month revenue of Bharti Airtel Ltd. is ₹ 2,10,973.00 Cr, reflecting a 1-year growth of 21.96% and a 3-year CAGR of 14.88%. Annual and quarterly revenue trends are available in the Income Statement section.

What is the net profit of Bharti Airtel Ltd.?

The latest trailing twelve month net profit (PAT) of Bharti Airtel Ltd. is ₹ 26,695.20 Cr, with a 3-year earnings CAGR of 44.95%. Detailed profit history across annual and quarterly periods is in the Income Statement section.

What is the EBITDA of Bharti Airtel Ltd.?

The trailing twelve month EBITDA of Bharti Airtel Ltd. is approximately ₹ 66,963.67 Cr (based on an operating margin of 31.74%). EBITDA reflects core operating profitability before interest, taxes, depreciation and amortisation.

What is the EPS of Bharti Airtel Ltd.?

The trailing twelve month Earnings Per Share (EPS) of Bharti Airtel Ltd. is 44.37. EPS trends across annual and quarterly periods are visible in the Income Statement section.

What is the debt level of Bharti Airtel Ltd.?

The debt-to-equity ratio of Bharti Airtel Ltd. stands at 1.31. The interest coverage ratio is 3.11x, reflecting the company's ability to service debt from operating earnings. The full breakdown of total borrowings is in the Balance Sheet section.

What is the book value per share of Bharti Airtel Ltd.?

The estimated book value per share of Bharti Airtel Ltd. is 247.50 (derived from a P/B ratio of 7.66 and market price of ₹ 1,896.20), reflecting the net asset value attributable to each share. See the Balance Sheet section for a full breakdown.

What is the cash flow from operations of Bharti Airtel Ltd.?

The trailing twelve month operating cash flow of Bharti Airtel Ltd. is ₹ 1,07,932.00 Cr. Annual and quarterly cash flow data is available in the Cash Flow section of the Statements tab.

Does Bharti Airtel Ltd. report consolidated or standalone financials?

Bharti Airtel Ltd. reports consolidated financials. You can toggle between consolidated and standalone views using the switch at the top of each statement section.