Bharti Airtel Q3 Results | Net Profit Soars Over 5 times to ₹16,134.6 Crore; Adjusted PAT Up 121% to ₹5,514 Crore

Airtel made ₹16,134.6 crore in profit, which is over five times more than last year’s ₹2,876.4 crore. This big jump happened because of the Indus Towers merger and higher mobile tariffs.
More Revenue .The company earned ₹45,129 crore, up 19% from last year.
In India alone, revenue grew 24.6% to ₹34,654 crore.

1. Profit Before Special GainsIf we remove one-time gains, the actual profit was ₹5,514 crore, 121% higher than last year.
2. Strong Earnings

• EBITDA (profit before certain costs) grew 24.1% to ₹24,880 crore.
• EBIT (profit before interest & tax) rose 33.3% to ₹13,126 crore.

3. Breakdown of Special Gains (₹7,545.6 crore total)

Bharti Airtel recorded one-time special gains amounting to ₹7,545.6 crore in Q3 2025. These gains and losses came from various factors, including a business merger, currency fluctuations, tax adjustments, and regulatory costs. Here’s how they break down:

i)  ₹14,322.5 crore gain from Indus Towers merger

• Airtel benefited significantly from the business combination with Indus Towers.

• This includes a ₹10,702.5 crore gain from revaluing its existing stake in Indus Towers at a higher market value.
• Additionally, the company saved costs by reversing lease liabilities and right-to-use assets linked to Indus Towers.

ii)  ₹1,193.6 crore foreign exchange gain

• Airtel made a profit due to currency appreciation in its overseas businesses.

• When local currencies strengthened against foreign currencies, the company’s international earnings increased in value, resulting in a gain.

iii)  ₹128.5 crore tax credit

• Airtel received a tax refund related to input tax credit on passive infrastructure services.
• This means the company got back money that was previously set aside for taxes on telecom infrastructure.

iv)  ₹6,358.6 crore regulatory charges (loss)

• Airtel had to pay regulatory fees and levies, which impacted its profits.
• These are government-imposed charges that telecom companies must comply with.

  

v)  ₹1,740.4 crore loss from asset write-off

• Airtel wrote off some intangible assets, meaning certain assets lost their value and could no longer be counted as company resources.
• This is often done for outdated technologies, expired licenses, or investments that are no longer useful.

4. Mobile & Customer Growth

• Airtel’s ARPU (earnings per customer) is ₹245, up from ₹208 last year – best in the industry.
• Postpaid customers grew to 25.3 million (+0.6 million in Q3).
• Mobile revenue grew 21.4% as more customers switched to higher-priced plans.

5. Debt & Financial Health

• Airtel reduced its debt – the debt-to-profit ratio improved from 2.50 to 2.26 times.
• Airtel also paid ₹3,626 crore to clear some of its spectrum dues.

  

6. Airtel’s Africa Business

• Africa revenue grew 21.3%.
• Profit margins were slightly lower than before.
• Total customers in Africa: 163.1 million.

7. Other Business Growth

• Broadband (home internet): 18.7% growth, now 9.2 million customers.
• Airtel Business (corporate services): 8.7% growth.
• Digital TV (DTH services): Revenue ₹761 crore, 15.8 million customers.

8. Stock Performance

• Airtel’s stock price fell by 2.47% after the results, closing at ₹1,619.55.

Airtel had a fantastic quarter, with huge profit growth, strong mobile and broadband business and better financial health. The Indus Towers merger and tariff hikes helped boost earnings and the company continues to lead in ARPU and premium customers.