Bharti Airtel on Wednesday reported a 33.5% decline in consolidated net profit to ₹7,325 crore for the January-March quarter of FY26.

The company's consolidated profit, attributed to the owners of the parent, was ₹11,021.8 crore in the year-ago period.

The revenue from operations for India's second-largest telecom company surged 15.6% to ₹55,383.2 crore in Q4 FY26 from ₹47,876.2 crore a year ago.

Sequentially, its profit and revenue rose 10.4% and 2.5%, respectively.

Airtel's India revenue grew 7.7% to ₹39,566 crore on a year-on-year basis.

The company's India mobile revenue recorded an 8.3% rise, led by higher realisations and an expanding customer base.

Bharti Airtel recorded an ARPU (Average Revenue Per User) of ₹257 during the quarter compared to ₹245 a year ago.

For the full FY26, Airtel’s profit dropped 20.4% to ₹26,695 crore from ₹33,556 crore in FY25.

Its FY26 revenue rose 21.9% to ₹2,10,972.8 crore.

"We ended FY26 on a strong note, demonstrating the power of our diversified portfolio. FY26 was an important year in our journey – we crossed the 650 million customer mark, launched our telco-grade sovereign cloud, received RBI approval through our subsidiary to commence the lending business, and accelerated the expansion of our data centre footprint,” Executive Vice Chairman Gopal Vittal said.

(Except for the headline, Fortune India has not edited the content of this PTI report.)