Bharti Hexacom reports strong Q2 2025 performance, revenues up 10.5%

Bharti Hexacom Limited has reported significant growth for the second quarter and six months ended September 30, 2025. Total revenues for Q2 2025 reached Rs 2,317 crore, marking a 10.5% year-over-year (YoY) increase. Mobile services revenues grew by 9.6% YoY due to higher Average Revenue Per User (ARPU) of Rs 251 and increased smartphone customer additions, while the Homes and Offices business saw a 46.9% YoY revenue increase, adding 60,000 customers.

The company's financial results show a strong improvement in profitability, with EBITDA at Rs 1,256 crore, up 20.1% YoY, and an EBITDA margin of 54.2%, an expansion of 433 basis points (bps) YoY. Earnings Before Interest and Tax (EBIT) increased by 37.6% YoY to Rs 702 crore, with an EBIT margin of 30.3%. Net income (before exceptional items) for the quarter rose by 66.4% YoY to Rs 421 crore. Net Debt (excluding lease obligations) to EBITDAaL ratio (annualized) improved to 0.64 times, down from 1.35 times in Q2 2024.

Operationally, Bharti Hexacom expanded its network with 357 new towers deployed YoY, bringing the total to 26,529. Smartphone data customers grew by 1.6 million YoY and 0.2 million quarter-over-quarter (QoQ), now representing 78% of the mobile customer base. The company also announced a partnership with Perplexity, offering its Pro subscription free for 12 months to customers, and continued its AI-powered anti-spam initiatives, reducing financial losses by nearly 70%.