Bharti Airtel Funding: rounds, investors and valuation
Airtel's FY26 revenue was ₹2,10,973 crore 27. Net income before exceptional items rose 53% to ₹26,904 crore 1.
Results (consolidated)
| Period | Revenue | Profit |
|---|---|---|
| FY24 | ₹1,49,982 crore | ₹7,467 crore 26 |
| FY25 | ₹1,72,985 crore | ₹33,556 crore attributable 26 |
| FY26 | ₹2,10,973 crore | ₹26,904 crore before exceptional items; ₹33,823 crore reported by FPJ 127 |
| April-June 2026 | ₹58,539 crore | ₹8,167 crore 29 |
| July-September 2026 | ₹60,878 crore | ₹8,887.5 crore after exceptional items 18 |
Reported profit figures differ between sources. For example, January-March 2026 profit is ₹7,325 crore in one report and ₹9,247 crore in another 2827.
Debt
Net debt was about ₹88,277 crore excluding leases and ₹1,66,581 crore including leases at the end of September 2026, according to an AI-assisted report that should be checked against the company presentation 30.
Dividend and market value
Airtel declared a final dividend of ₹24 a share for FY26 27. Its market value was about ₹12.29 lakh crore on 4 August 2026 29.
Frequently asked questions
Airtel reported net income before exceptional items of ₹26,904 crore, up 53%. Other reports give ₹33,823 crore on a different basis.
A final dividend of ₹24 a share.
Sources✓ Verified 5 Nov 2026
1 Bharti Airtel, Q4 FY26 media release, 13 May 2026, FY26 results
2 Bharti Enterprises, About Bharti, 6 Nov 2026, group history
3 The New Indian Express, Sunil Bharti Mittal plans generational transition at Bharti Airtel, 15 May 2026, ownership, succession
4 Forbes, Sunil Mittal (Real-Time Billionaires), 5 Nov 2026, Mittal family
5 Bharti Enterprises, Leadership, 6 Nov 2026, leadership
6 Wikipedia, Sunil Mittal, 6 Nov 2026, history
7 Trendlyne, Bharti Airtel shareholding, 30 Sep 2026, shareholding
8 People Matters, Airtel founder Sunil Mittal plans gradual handover, 15 May 2026, ownership plan, chairman term
9 Free Press Journal, Bharti Airtel increases Airtel Africa stake to 79%, 23 Jun 2026, Airtel Africa swap
10 Business Standard, Singtel sells 1.2% stake in Airtel for $1.54 billion, 16 May 2025, Singtel sale
11 Business Standard, Singtel sells 0.8% stake in Bharti Airtel for about $1.2 billion, 7 Nov 2025, Singtel sale
12 Business Standard, Bharti Airtel promoter entity ICIL sells 3.43 cr shares for Rs 7,189 cr, 26 Nov 2025, ICIL sale
13 Wikipedia, Bharti Airtel, 6 Nov 2026, company history
14 Business Standard, Indus Towers to become Bharti Airtel subsidiary after buyback, 28 Aug 2024, Indus Towers
15 People Matters, Bharti Airtel names Shashwat Sharma as MD and CEO from January 2026, 19 Dec 2025, CEO change
16 Outlook Business, Airtel Africa CEO Ogunsanya to retire, Sunil Taldar named successor, 2 Jan 2024, Airtel Africa CEO
17 TelecomLead, Bharti Airtel Q2 FY2027 revenue rises 17% to ₹60,878 crore, 5 Nov 2026, Q2 FY27 operations
18 Business Today, Bharti Airtel Q2 net profit rises 31% to Rs 8,888 crore, 5 Nov 2026, Q2 FY27 results
19 TechAfricaNews, Airtel Africa half-year results, 30 Oct 2026, Airtel Africa H1
20 SAHI, Airtel Money share sale and London listing, 9 Oct 2026, Airtel Money listing
21 TelecomTalk, Jio, Airtel, Vi, BSNL users in September 2026, 27 Oct 2026, TRAI subscribers
22 TelecomLead, India telecom market 2026: Jio vs Airtel vs Vi vs BSNL, 28 Sep 2026, ARPU comparison
23 Business Standard, Bharti Airtel acquires 97 MHz of spectrum worth Rs 6,857 crore, 26 Jun 2024, 2024 spectrum
24 Business Standard, Bharti Hexacom set to start trading, 12 Apr 2024, Bharti Hexacom IPO
25 TelecomTalk, Nxtra raises $1 billion commitment, 2 Apr 2026, Nxtra
26 The Week (PTI), Airtel FY25 results, 13 May 2025, FY24-FY25
27 Free Press Journal, Bharti Airtel Q4 profit falls 26%; FY26 revenue crosses ₹2.1 lakh crore, 13 May 2026, FY26 results
28 Kotak Neo, Bharti Airtel Q4 FY26 profit falls 33%, 13 May 2026, Q4 FY26
29 Upstox, Bharti Airtel Q1 results: net profit soars 37% to ₹8,167 crore, 4 Aug 2026, Q1 FY27
30 Multibagg, Bharti Airtel Q2 debt decline, 1 Nov 2026, net debt
31 MediaNama, Supreme Court rejects Vodafone, Airtel AGR plea, 20 May 2025, AGR
32 FoxMandal, DoT denies AGR relief parity to Airtel and Tata Teleservices, 7 Apr 2026, AGR relief refused
33 Business Today, Airtel India denies massive data breach allegations, 5 Jul 2024, data breach claim
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