Bharti Hexacom Limited Q2 FY27 Results Follow Strong Q1 Growth

Bharti Hexacom Limited is scheduled to consider its Q2 FY27 results on November 4-5, 2026, following Q1 revenue growth of 10.9% year-on-year to ₹2,510 crore and a 23.2% rise in net profit to ₹482 crore. The update will cover the quarter and six months ended September 30, 2026.

When will Bharti Hexacom announce its Q2 FY27 results?

Bharti Hexacom's Board of Directors is scheduled to meet on November 4 and 5, 2026, to consider audited financial results for the second quarter and first half of FY27. The reporting period ended on September 30, 2026, and the company has initiated the disclosure process for these results.

The company has also scheduled a joint virtual earnings webinar with Bharti Airtel Limited on November 6, 2026, from 12:00 p.m. to 1:20 p.m. IST. Bharti Hexacom's question-and-answer session is set to begin at 1:00 p.m. The webinar is intended to discuss the audited Q2 and six-month financial results.

The timing matters because the Q2 release follows a quarter in which higher mobile customer spending, increased data consumption and expansion in home broadband supported both revenue and profitability. The forthcoming disclosure will provide the next reported measure of whether these operating trends continued through the September quarter.

How did Bharti Hexacom perform in Q1 FY27?

Bharti Hexacom reported total revenue of ₹2,509.90 crore in Q1 FY27, up 10.9% year-on-year and 4% quarter-on-quarter. Net profit before exceptional items increased 23.2% year-on-year to ₹482.40 crore for the quarter ended June 30, 2026.

Revenue from operations increased from ₹2,263 crore in Q1 FY26 to ₹2,510 crore in Q1 FY27. Operating profit rose from ₹1,161 crore to ₹1,322 crore over the same period. The faster growth in profit than revenue reflected controlled expense growth, while finance costs declined slightly to ₹148.80 crore.

EBITDA increased 13.0% year-on-year to ₹1,375 crore. The EBITDA margin improved by 99 basis points to 54.8%. On an EBITDA-after-lease-expenses basis, EBITDA was ₹1,211 crore and the margin was 48.2%, up 57 basis points year-on-year. These are distinct reported profitability measures and should not be compared as the same margin basis.

What operating trends supported Bharti Hexacom's Q1 growth?

Bharti Hexacom's Q1 growth was led by higher mobile revenue, better average revenue per user and growth in the Homes and Offices business. Mobile revenue rose 9.3% year-on-year, while mobile ARPU improved to ₹259 from ₹246 a year earlier, a 5.3% increase.

The Homes and Offices segment recorded a 61% year-on-year increase in revenue. This expansion, alongside customer additions and continued network investment, broadened the company's revenue drivers beyond its core mobile business. Mobile data traffic rose 30.5% year-on-year to 2,381 petabytes during the quarter.

Bharti Hexacom provides consumer mobile services, fixed-line telephone services and broadband services in Rajasthan and the North East telecom circles. It reported a customer base of 28 million as of Q2 FY26, with market share of 51% in the North East and 36% in Rajasthan. These two operating regions remain central to the company's subscriber and network strategy.

What should investors assess in the Q2 FY27 release?

Investors will be able to assess whether Bharti Hexacom maintained the revenue, ARPU and profitability trends reported in Q1 FY27. The reported Q1 EBITDA-after-lease margin of 48.2%, mobile ARPU of ₹259 and strong Homes and Offices growth provide specific reference points for the Q2 comparison.

Balance-sheet indicators also provide relevant context. Borrowings declined to ₹6,137 crore in March 2026, while return on capital employed improved to 21%. Net debt to EBITDA reduced from 1.30 to 0.80, according to the available Q1-related analysis. These measures indicated improved capital efficiency and lower leverage before the September-quarter announcement.

Market estimates cited in the source place FY27 revenue consensus at ₹10,620 crore, representing 13.5% year-on-year growth, with estimates ranging from ₹10,340 crore to ₹11,220 crore. The cited analyst consensus includes 9 Buy or Strong Buy ratings, 2 Hold ratings and 2 Sell ratings among 13 analysts, with a median target price of ₹1,830 against a referenced price of ₹1,659.

Why does the Q2 update matter for the telecom business?

The Q2 update matters because Bharti Hexacom's first-quarter performance combined pricing-related improvement in mobile ARPU with rapid growth in fixed broadband services. The company's ability to raise revenue while holding cost growth below revenue growth supported the increase in net profit and margins in Q1.

For the wider telecom sector, data usage and higher-value customer retention are relevant operating measures because they influence service revenue and network investment requirements. Bharti Hexacom's reported 30.5% growth in data traffic illustrates the continued demand placed on network capacity in its service areas.

The November 6 webinar will give management an opportunity to address the reported financial results and operational metrics after the board meeting. Until the audited Q2 and H1 FY27 figures are released, revenue, profit, margin and subscriber developments for the September quarter have not been provided in the source material.

Conclusion

Bharti Hexacom enters its Q2 FY27 result announcement after reporting 10.9% revenue growth and 23.2% growth in net profit in Q1. Higher mobile ARPU, a 61% increase in Homes and Offices revenue, rising data usage and improved margins were the principal reported features of the June quarter.

The immediate event to watch is the Board meeting on November 4-5, 2026, followed by the joint earnings webinar on November 6. The audited Q2 and first-half results will clarify how the company's reported operating and financial indicators developed in the quarter ended September 30, 2026.