Outcome of Board Meeting

bharti November 5, 2026 National Stock Exchange of India Limited Exchange Plaza, C-1 Block G Sandra Kurla Complex, Bandra (E) Mumbai - 400051, India Symbol: BHARTIARTU AIRTELPP BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai -400001, India Scrip Code: 532454/ 890157 Sub: Financial results for the second quarter (Q2) and six months ended September 30, 2026 Dear Sir/ Madam, In compliance with Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations'), we are enclosing herewith the following for the second quarter (02) and six months ended September 30, 2026: ► Audited consolidated financial results as per Ind AS ► Audited standalone financial results as per Ind AS ► Auditor's reports on the aforesaid financial results The above financial results have been reviewed by the Audit Committee in its meeting held on November 5, 2026 and based on its recommendation, approved by the Board of Directors in its meeting being held on November 5, 2026. The Board meeting commenced at 1ST 1330 Hrs. and concluded at IST 1610 Hrs. Kindly take the same on record. Thanking you, Sincerely yours, / !Q�;�)") For Bharti Airtel imited 4 i( \v-Rohit ishan Purl Company Secretary & Compliance Officer Encl: As above Bharti Airtel Limited (a Bharti Enterprise) Regd. Office: Airtel Center, Plot No. 16, Udyog Vihar, Phase-IV, Gurugram -122015, India Corporate Office: Bharti Crescent, 1, Nelson Mandela Road, Vasant Kunj, Phase II, New Delhi-110070, India T.: •91-124-4222222, F.: +91-124-4248063, Email: comp1iance.officer@bharti.in, Website: wwwairtelin CIN: I 74l\99HR1\l9!iPI COQ!i9B7 air-tel Bharti Airtel Limited CIN: L74899HR1995PLC095967 Registered Office: Airtel Center, Plot no. 16, Udyog Vihar, Phase IV, Gurugram - 122015, India T.: +91-124-4222222, F.: +91-124-4248063, Email id: compliance.officer@bharti.in Statement of Audited Consolidated Financial Results for the quarter and six months ended September 30, 2026 (t in Minions; except per share dalll) Previous Quarter ended Six IIIOllths ended vear ended Particulars September June September September September March 30 2026 30, 2026 30 2025 30 2026 30 2025 31 2026 Audited Alloted Audited Audited Audited Audited lncollle Revenue from operntions 608,ns 585,391 521,454 1,194,166 1,016,080 2,109,728 Other income 8,769 9,066 1,m 17,835 12,365 28,173 617,544 594,457 528,731 1,212,001 1,028,445 2,137,901 Expenses Network operating expenses 112,142 108,097 101,178 220,239 196,634 397,500 Access charges 16,021 15,887 13,215 31,908 25,786 55,416 Lleense fee / Spectrum charges 43,203 41,720 38,249 84,923 75,449 153,729 Emplayee benellls expense 21,688 21,n6 18,571 43,464 35,951 75,813 Sales and marketing expenses 37,898 36,929 31,824 74,827 61,483 131,073 other expenses 28 364 27954 22,803 56,318 46,n6 99,452 259,316 252,363 225,840 Sll,679 442,079 912,983 Profit before depredation,. -lisaliDII, lalance aJSls, share of pro&: / (loss) of 358,228 342,094 302,891 700,322 5116,366 1,224,918 associates and joint ventures, l!llp!Plionill ib!las and tax Depreciation and amortisation expenses 146,171 142,350 131,821 288,521 256,472 527,108 Rnance costs 57,073 59,564 48,657 116,637 103,265 215,553 Share of profit of asSOCiiltes and joint venlllres (net) /1,098) 11,082) 18101 121801 11,6381 13 6451 Profit before exceptional items and tu 156,11112 141,262 123,223 297,344 228,267 485,902 Exceptional items (net) 1,802 3,534 5,336 34,175 Profit before tax 154,280 137,728 123,223 292,008 228,267 451,727 Tax expense/ (aedit) Current tllx 54,138 25,409 18,514 79,547 37,171 78,812 Deferred tllx (6 962' 12,203 18,201 5,24.l 30,371) 34 687 47,176 37,612 36,71.5 84,188 67,541 113,499 Profit for the penxl /year 107,104 100,116 86,508 160716 338 228 Other mmptehensi!le inane ('O(l'} Jlems to be redassilied ID profit or loss : • Net !Ji!ln / (loss} due to •a re1gn llll!l1!l1Cf tranSiltiorl differences 3,919 (835} 17,869 l~ 21,027 51,798 -Net (loss)/ gain on net ilM5ITlellt hedge (153, 53 (100) 357 47 • Tax aedtt / (c hilrge) on lllxM! 38 (13} 25 (105} (27] l!ems not to be redassilied to prutit or loss : -Gain on mvesment at fclirval11e throogh oa 405 3,609 2,354 4,014 3,610 4,763 -~meil!lllelllert ga1n I (loss) an dll!fined !Jenetit plans 222 (967) 253 (745) (132) 81 -Tax c!large an abolle (128) (318) (390) (446) (687) (893) • Share of other DJmprehens'ie income f (loss) fi ~ and joint ventures (net) 7 (22) 49 {15) 50 (21] Otflel anpiehensiwe inane for the period/ year 4,310 1,507 211..135 5,817 24,120 55,748 Total c.omprehensive ilaae far the period/ year 111.414 10"1,.623 106,643 213,Q37 184,846 393,976 Profit for the penxl I year atblaulalJle ID : 107,104 100,116 86,508 207,lll) 160,726 338,228 Owners of the Parent 88,875 81,674 67,917 170,549 127,396 266,952 Non-control mg interests 18,229 18,442 18,591 36,671 33,330 71,276 Other a111p1ehe11sive inane fur the period / year attriJutable to : 4,310 1,507 20,135 5,817 24,1:111 55,748 Owners of the Pilfent 5,531 2,088 10,020 7,619 12,778 29,236 Non-controlRng interests (1,221) (581} 10,115 (l,8n2} 11,342 26,512 Total comprehellsNe ilCDIE for the period / year atbibulable to : 111,414 101,623 1116,643 213,1137 184,846 393,976 Owners of the Parent 94,406 83,762 n,937 178,168 140,174 296,188 Non-controlling intere!ts 17,008 17,861 28,706 34,869 44,672 97,788 Earnings per shareA (Face value : f 5 each) llasic 14.25 13.38 11.72 27.63 21.98 45.96 Diluted 14.24 13.37 11.30 27.62 21.20 44.37 Paid-up equity share capital (Face value : , 5 l!ildl) 31,204 31,202 29,001 31,204 29,001 30,468 Other equity 1,549,266 1,586,949 1,148,959 I ••• " 1,148,959 1,460,098 ' Earnings per ~re not annualised for the periods. Audited Consolidated Balance Sheet as of September 30, 2026 (;i; in Millions Asof Particulars September 30, 2026 March 31, 2026 Audited Audited Assets Non-current assets Property, plant and equipment 1,635,379 1,570,659 Capital work-In-progress 136,074 126,131 Right-of-use assets 733,822 673,244 Goodwill 570,065 566,859 Other intangible assets 1,201,637 1,252,604 Intangible assets under development 6,705 3,250 Investment in joint ventures and associates 40,748 40,622 Anandal assets -Investments 15,810 11,385 -Trade receivables 2,644 2,544 -other financial assets 36,899 35,700 Income tax assets (net) 22,695 20,181 Deferred tax assets ( net) 185,337 191,413 other non-current assets 130 262 124 no 4,ns,on 4,619,362 current assets Inventories 6,464 6,009 financial assets -Investments 193,768 137,006 -Derivative instruments 1,437 5,040 -Trade receivables 92,258 79,n6 -loans 457 - -Cash and cash equivalents 74,462 137,222 -other bank balances 212,593 166,546 -other financial assets 262,143 244,264 Other current il5!lets 121,110 125,718 Assets lle{d for sale 827 573 965,519 902,154 Total assets 5,683,596 5,521,516 Equity and labaties Equity Equity share capital 31,204 30,468 other e<j,Uity 1,549,266 1,460,098 Equity attrlJutable to owners of the parent 1,580,470 1,490,566 f'lon--controllin4 interests 413447 469,068 1,993,917 1,959634 Non--wrrent labiltie:s fflandal labiltie:s -Borrowings 967,541 1,000,849 -lease UaMities 688,323 644,996 -other financial! liabiltties 33,045 26,320 Deferred revenue 40,488 40,185 Provisions 35,889 35,189 Deferred tax 0abt lties {net) 65,520 67,789 Other noo-current liabilities 1,135 1,497 1,831,941 1,816,.825 Current labiltie:s finandal labilties -eorrowmgs 243,749 215,865 -Lease liabilities 94,711 92,407 -Derivative instruments 1,191 1,918 -Trade payables 524,466 450,152 -other financial nabilities 383,476 408,659 Deferred revenue 121,284 109,487 Provisions 377,118 357,828 Current tax liabilities (net) 37,700 31,400 other current liabilities 74,043 77,341 1,857,738 1,745,057 Total lia.billties 3,689,679 3,561,882 Total equity and labatles 5,683,596 5,521,516 Audited Consolidated Segment-wise Revenue, Results, Assets and Liabilities as of and for the quarter and six months ended September 30, 2026 (~ in Milli [Showing first 8,000 characters — download PDF for full document]