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BSE Telecommunication Results: Latest Quarterly Results & Analysis

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Bharti Airtel Ltd. 13 May 2026 17:46 PM
Result PDF

Q4FY26 & FY26 Result Announced for Bharti Airtel Ltd.

Telecom Services company Bharti Airtel announced Q4FY26 & FY26 results

Consolidated Financial Highlights:

  • Total Revenue from Operations for Q4FY26 stood at Rs 553,832 million, representing a growth of 15.7% YoY compared to Rs 478,762 million in Q4FY25 and a growth of 2.6% QoQ compared to Rs 539,816 million in Q3FY26.
  • Total Revenue from Operations for the full year FY26 reached Rs 2,109,728 million, up 22.0% YoY from Rs 1,729,852 million in FY25.
  • EBITDA for the quarter Q4FY26 was Rs 320,382 million, an increase of 16.9% YoY from Rs 274,043 million and an increase of 2.9% QoQ from Rs 311,436 million. The EBITDA margin stood at 57.8% in Q4FY26 vs 57.2% in Q4FY25.
  • Annual EBITDA for FY26 stood at Rs 1,212,676 million, a growth of 15.5% over Rs 1,049,994 million in FY25.
  • Net Profit (Profit for the period) for Q4FY26 was Rs 92,474 million, reflecting a decrease of 25.9% YoY from Rs 124,758 million in Q4FY25, but an increase of 8.8% QoQ from Rs 85,028 million in Q3FY26.
  • Annual Net Profit for FY26 was Rs 338,228 million, a decrease of 9.8% compared to Rs 374,813 million in FY25.
  • Consolidated Net Income (before Exceptional items) for Q4FY26 was Rs 72,449 million compared to Rs 52,226 million in Q4FY25.
  • Earnings Per Share (EPS) for Q4FY26 was Rs 12.53 (Basic) and Rs 12.15 (Diluted). For the full year FY26, Basic EPS stood at Rs 45.96 and Diluted EPS at Rs 44.37.

Standalone Financial Highlights:

  • Revenue from Operations for Q4FY26 was Rs 312,964 million, up 9.4% YoY from Rs 286,083 million in Q4FY25 and up 1.4% QoQ from Rs 308,548 million in Q3FY26.
  • Total Revenue from Operations for FY26 was Rs 1,214,927 million, a growth of 11.5% YoY from Rs 1,089,439 million in FY25.
  • Total Income for Q4FY26 stood at Rs 320,838 million, representing an 11.3% YoY increase and a 2.4% QoQ increase.
  • Net Profit for Q4FY26 was Rs 13,445 million, a significant decrease from Rs 93,176 million in Q4FY25 and Rs 40,907 million in Q3FY26.
  • Annual Net Profit for FY26 was Rs 137,445 million, a decrease of 41.5% from Rs 235,018 million in FY25.
  • Profit before Exceptional items and tax for the full year FY26 was Rs 227,916 million, up from Rs 143,729 million in FY25.

Business Highlights:

  • Mobile Services India: Segment revenue for FY26 reached Rs 1,129,954 million, a growth of 12.7% YoY. In Q4FY26, revenue was Rs 288,305 million, up 8.2% YoY. The segment added 5.8 million smartphone customers during the quarter.
  • Mobile Services Africa: Segment revenue for FY26 was Rs 568,064 million, an increase of 35.6% YoY. In Q4FY26, revenue stood at Rs 160,335 million, reflecting a growth of 41.0% YoY.
  • Airtel Business: Revenue for FY26 reached Rs 211,766 million. In Q4FY26, the segment reported revenue of Rs 54,904 million, a 3.3% YoY increase.
  • Homes Services: Revenue for FY26 was Rs 77,747 million, up 31.7% YoY. The segment added 1.1 million customers in Q4FY26, reaching a total base of 14.2 million.
  • Digital TV Services: Revenue for FY26 stood at Rs 30,179 million, with a customer base of 16.0 million as of March 31, 2026.
  • Passive Infrastructure Services (Indus Towers): Revenue for FY26 was Rs 326,944 million. As of March 31, 2026, the company operated 264,514 macro towers.
  • Average Revenue Per User (ARPU): India Mobile ARPU stood at Rs 257 in Q4FY26, compared to Rs 245 in Q4FY25.
  • Strategic Investments: Airtel announced an investment of USD 1 billion in Nxtra Data Limited by Alpha Wave Global, Carlyle, and Anchorage Capital to expand its data center network in India.
  • Financial Services Expansion: The company plans to capitalise its NBFC subsidiary, Airtel Money Limited, with Rs 20,000 crore to narrow the credit gap in India.

Gopal Vittal, Executive Vice Chairman, said: We ended FY26 on a strong note, demonstrating the power of our diversified portfolio. FY26 was an important year in our journey – we crossed the 650 million customer mark, launched our telco-grade sovereign cloud, received RBI approval through our subsidiary to commence the lending business, and accelerated the expansion of our data centre footprint. We will continue to accelerate our investments towards building world-class digital networks, future-proof Airtel by putting AI at the heart and sharpen our portfolio for long-term growth. In addition, a major focus for us is to completely eliminate diesel from our operations. We are working with Indus Towers to scale clean energy.

Consolidated revenue for the quarter came in at Rs 55,383 crore with a sequential growth of 2.6%. Africa had a standout performance. India revenue, including passive infrastructure services, grew 0.9% sequentially, while Africa delivered a constant currency growth of 1.1% QoQ.

India Mobile achieved sequential growth of 0.6%, despite two lesser number of days in the quarter. We added 5.8 million smartphone customers and 0.8 million postpaid customers, underscoring our focus on quality customers and portfolio premiumization. Our industry-leading ARPU stood at Rs 257.

The Homes business sustained a robust growth trajectory with a sequential revenue increase of 9.5%, led by 1.1 million net customer additions. Our IPTV offering continues to gain traction, delivering strongly on our convergence strategy.

Airtel Business grew sequentially by 2.6%, driven by strong performance across our connectivity and digital portfolio.

Our balance sheet strength is underpinned by disciplined execution and prudent capital allocation. At the same time, we believe further tariff repair remains critical to support continued investments and long-term value creation

Result PDF

Result PDF

Telecom Services company Bharti Hexacom announced Q4FY26 & FY26 results

Financial Highlights:

  • Revenue from Operations:
    • For Q4FY26, the revenue stood at Rs 24,137 million, representing an increase of 2.28% QoQ from Rs 23,598 million in Q3FY26 and a growth of 5.45% YoY from Rs 22,890 million in Q4FY25.
    • For FY26, revenue reached Rs 93,538 million, a YoY growth of 9.43% compared to Rs 85,479 million in FY25.
  • Net Profit:
    • The profit for Q4FY26 was Rs 4,467 million, showing a decrease of 5.70% QoQ from Rs 4,737 million in Q3FY26 and a decrease of 4.63% YoY from Rs 4,684 million in Q4FY25.
    • For FY26, the net profit was Rs 17,332 million, a growth of 16.04% compared to Rs 14,936 million in FY25.
  • Total Income:
    • For Q4FY26, the total income reached Rs 24,913 million, compared to Rs 23,973 million in Q3FY26 and Rs 23,368 million in Q4FY25.
    • For FY26, total income stood at Rs 95,776 million, up from Rs 87,297 million in FY25.
  • Earnings Per Share (EPS): The basic and diluted EPS for FY26 stood at Rs 34.66, compared to Rs 29.87 in FY25. For Q4FY26, the EPS was Rs 8.93.
  • Exceptional Items (net): The company recorded a net exceptional gain of Rs 246 million in Q4FY26 and Rs 337 million for FY26, as against a net loss of Rs 2,126 million in FY25.

Business Highlights:

  • Segment Performance:
    • Mobile Services: Revenue grew to Rs 90,108 million in FY26 from Rs 83,217 million in FY25. The segment result (profit before finance costs, charity, exceptional items, and tax) increased to Rs 28,529 million from Rs 22,620 million in the previous year.
    • Homes, Office and Other Services: Revenue grew to Rs 3,808 million in FY26 from Rs 2,521 million in FY25. The segment result stood at Rs 33 million, compared to Rs 156 million in FY25.
  • Dividend: The Board of Directors has recommended a final dividend of Rs 18/- per fully paid-up equity share of face value Rs 5/- each for FY26.
  • Operational Performance:
    • Mobile Services segment revenue for Q4FY26 was Rs 23,089 million, compared to Rs 22,249 million in Q4FY25.
    • Homes, Office and Other Services segment revenue for Q4FY26 was Rs 1,172 million, up from Rs 709 million in Q4FY25.

Result PDF

Telecom Equipment company GTL Infrastructure announced Q4FY26 & FY26 results

Financial Highlights:

  • Revenue from Operations for Q4FY26 stood at Rs 33,036 lakh, a decrease of 5.77% QoQ from Rs 35,059 lakh in Q3FY26 and a decrease of 1.98% YoY compared to Rs 33,702 lakh in Q4FY25.
  • Total Income for Q4FY26 was Rs 34,543 lakh, down 3.72% QoQ from Rs 35,876 lakh and an increase of 1.44% YoY from Rs 34,051 lakh in Q4FY25.
  • The Company reported a Net Profit of Rs 1,18,558 lakh for Q4FY26, marking a significant turnaround from a profit of Rs 1,958 lakh in Q3FY26 and a loss of Rs 24,889 lakh in Q4FY25. This was primarily driven by exceptional items.
  • Total Comprehensive Income for Q4FY26 reached Rs 1,18,641 lakh, compared to Rs 1,968 lakh in Q3FY26 and a comprehensive loss of Rs 24,893 lakh in Q4FY25.
  • For FY26, Revenue from Operations was Rs 1,37,197 lakh, representing a growth of 2.08% YoY over Rs 1,34,407 lakh in FY25.
  • Total Income for FY26 stood at Rs 1,41,907 lakh, up 3.91% YoY compared to Rs 1,36,569 lakh in FY25.
  • Annual Net Profit for FY26 was Rs 77,926 lakh, showing a turnaround from a loss of Rs 87,515 lakh reported in FY25.
  • Total Comprehensive Income for FY26 was Rs 78,028 lakh, compared to a comprehensive loss of Rs 87,566 lakh in the previous year.
  • Basic and Diluted Earnings Per Share (EPS) for Q4FY26 stood at Rs 0.91, and For FY26, it stood at Rs 0.60.

Business Highlights:

  • Segment Performance: The Company is predominantly in the business of providing "Telecom Towers" on a shared basis in India. There are no separate reportable business segments.
  • One-Time Settlement (OTS): During the year, the Company reached separate OTS sanctions with two secured lenders, settling all dues and disputes. Consequent to this, legal proceedings before the Debt Recovery Tribunal (DRT) and a petition before the National Company Law Tribunal (NCLT) have been withdrawn.
  • Exceptional Items: The Company recorded a net exceptional gain of Rs 1,19,823 lakh during FY26. This includes Rs 93,496 lakh arising from OTS/NS agreements and Rs 26,327 lakh (net) towards the reversal of provision following an amicable settlement of a vendor claim.
  • Convertible Bonds: As of March 31, 2026, the Company has outstanding Compulsorily Convertible Bonds (B1, B2, and B3). These instruments are convertible into equity shares, which will result in the issuance of 17,97,66,251 shares against B1, 24,40,80,848 shares against B2, and 6,69,68,994 shares against B3.
  • Foreign Exchange Impact: An exchange loss of Rs 3,892 lakh for the quarter and Rs 7,276 lakh for the year was recognized due to rate fluctuations on interest and principal payable on foreign currency borrowings.

Result PDF

Telecom Equipment company STL Networks announced Q4FY26 & FY26 results

Standalone Financial Highlights:

  • Revenue from operations for Q4FY26 was Rs 180.60 crore, reflecting a YoY growth of 14.21% compared to Rs 158.13 crore in Q4FY25 and a QoQ decline of 40.73% from Rs 304.76 crore in Q3FY26.
  • Total income for Q4FY26 stood at Rs 188.56 crore, representing a YoY increase of 8.64% from Rs 173.57 crore in Q4FY25 and a QoQ decrease of 40.10% from Rs 314.79 crore in Q3FY26.
  • The Company reported a Net Loss of Rs 13.22 crore for Q4FY26, compared to a Net Profit of Rs 0.15 crore in Q4FY25 and a Net Loss of Rs 2.24 crore in Q3FY26.
  • For the full year FY26, standalone revenue from operations reached Rs 851.17 crore, a decrease of 19.69% YoY from Rs 1,059.90 crore in FY25.
  • Annual total income for FY26 was Rs 904.32 crore, down 17.61% YoY from Rs 1,097.62 crore in FY25.
  • The annual standalone result for FY26 was a Net Loss of Rs 25.64 crore, as against a Net Profit of Rs 30.92 crore in FY25.

Consolidated Financial Highlights:

  • Revenue from operations for Q4FY26 stood at Rs 203.08 crore, reflecting a YoY growth of 12.38% from Rs 180.71 crore in Q4FY25 and a QoQ decline of 39.40% from Rs 335.14 crore in Q3FY26.
  • Total income for Q4FY26 was Rs 204.76 crore, showing a YoY increase of 12.87% from Rs 181.42 crore in Q4FY25 and a QoQ decrease of 39.35% from Rs 337.59 crore in Q3FY26.
  • Consolidated Net Loss for Q4FY26 was Rs 46.89 crore, compared to a Net Loss of Rs 21.01 crore in Q4FY25 and a Net Loss of Rs 10.51 crore in Q3FY26.
  • For the full year FY26, consolidated revenue from operations reached Rs 958.96 crore, a decrease of 18.71% YoY from Rs 1,179.72 crore in FY25.
  • Annual total income for FY26 stood at Rs 968.31 crore, a decline of 18.40% YoY compared to Rs 1,186.63 crore in FY25.
  • The annual consolidated result for FY26 was a Net Loss of Rs 99.11 crore, compared to a Net Loss of Rs 31.95 crore in FY25.

Business Highlights

  • Segment Performance: The Group operates in a single reportable business segment, namely "Global Services Business," which provides comprehensive solutions across fiber network services, system integration, IT infrastructure management, setting up data center operations, Network Operations Center (NOC), and Security Operations Center (SOC).
  • Demerger Update: The Global Services Business of Sterlite Technologies Limited ("STL") was demerged into the Company effective April 1, 2023, following approval from the National Company Law Tribunal. Equity shares were allotted to STL shareholders on April 24, 2025.
  • NCD Issuance: During FY26, the Company issued listed, rated, senior, secured, redeemable Non-Convertible Debentures (NCDs) in two series of Rs 150.00 crore and Rs 100.00 crore on a private placement basis.
  • Impairment Charge: The Group recognized an impairment charge of Rs 24.96 crore during FY26 relating to a customer relationship intangible asset, based on a management assessment of its recoverable value.
  • Provision for Labour Codes: The Company recorded an exceptional item of Rs 5.12 crore (standalone) and Rs 5.12 crore (consolidated) for the year ended March 31, 2026, as a provision for the statutory impact of new Labour Codes.
  • Asset Coverage and Ratings: The Company maintained a minimum security cover of 1.20x for its NCDs. India Ratings and Research Private Limited assigned a credit rating of "IND A-/Stable" to these debentures.

Result PDF

Internet Software & Services company Route Mobile announced Q4FY26 & FY26 results

Q4FY26 Financial Highlights:

  • Revenue from operations stood at Rs 1,130.90 crore as against Rs 1,175.00 crore in Q4FY25 and Rs 1,107.06 crore in Q3FY26.
  • Gross Profit stood at Rs 263.91 crore as against Rs 226.41 crore in Q4FY25 and Rs 271.23 crore in Q3FY26.
  • Gross Profit Margin stood at 23.3% as against 19.3% in Q4FY25 and 24.5% in Q3FY26.
  • Adj. EBITDAstood at Rs 134.30 crore as against Rs 120.04 crore in Q4FY25 and Rs 142.92 crore in Q3FY26.
  • Adj. EBITDA Margin stood at 11.9% as against 10.2% in Q4FY25 and 12.9% in Q3FY26.
  • Profit Before Tax stands at Rs 139.27 crore as against Rs 78.95 crore in Q4FY25 and Rs 135.21 crore in Q3FY26.
  • Profit After Tax reported was at Rs 114.43 crore as against Rs 60.28 crore in Q4FY25 and Rs 102.56 crore in Q3FY26.
  • EPS stands at Rs 17.35 (basic and diluted) for Q4FY26.

FY26 Financial Highlights:

  • Revenue from operations for FY26, stood at Rs 4,408.21 crore as compared to Rs 4,575.62 crore in FY25..
  • Gross Profit stood at Rs 1,007.32 crore in FY26 as against Rs 950.89 crore in FY25.
  • Gross Profit Margin stood at 22.9% in FY26 as against 20.8% in FY25.
  • Adj. EBITDA stood at Rs 525.91 crore in FY26 as against Rs 523.93 crore in FY25.
  • Adj. EBITDA Margin stood at 11.9% in FY26 as against Rs 11.5% in FY25.
  • Profit Before Tax (PBT) stood at Rs 353.04 crore for FY26 as against Rs 426.11 crore in FY25.
  • Profit After Tax (PAT) reported at Rs 256.94 crore for FY26 as against Rs 333.93 crore in FY25.
  • Cash Flow from Operations stood at Rs 581.16 crore for FY26, translating to 110.5% of adj. EBITDA.

Seckin Arikan, Chairman, Route Mobile Limited & CEO, Proximus Global, said: “Route Mobile's FY26 performance reinforces the strategic rationale of its place within the Proximus Global portfolio — disciplined execution through a year of deliberate portfolio reshaping has delivered improving profitability as revenues transition toward higher-value business. I am confident that with the Route Mobile team's focus and the strength of our combined enterprise capabilities, the business is well-placed to grow revenue and sustain profitability in FY27.”

Tushar Agnihotri, CEO, Route Mobile, said: “Last year, we crossed INR 1,000 crore in gross profit for the first time, which translates to a robust 22.9% Gross Profit margin and enhanced EBITDA performance, propelling us into FY27 with strong momentum. This year, our strategic focus is accelerating revenue growth while sustaining these margin gains — powered by deepening enterprise partnerships, expanding into new geographies, and leveraging AI-driven conversations across highengagement channels like WhatsApp and RCS. We’re also pioneering Telco Network APIs in India, capitalizing on surging demand and our unmatched infrastructure for a clear competitive edge.”

Result PDF

Telecom Services company Indus Towers announced Q4FY26 & FY26 results

Q4FY26 Consolidated Financial Highlights:

  • Total Tower base of 264,514 with closing sharing factor of 1.62.
  • Consolidated Revenues at Rs 8,101 crore, up 4.8% YoY.
  • Consolidated EBITDA at Rs 4,464 crore, up 1.6% YoY.
  • Consolidated Profit after Tax at Rs 1,793 crore, up 0.8% YoY.

FY26 Consolidated Financial Highlights:

  • Consolidated Revenues at Rs 32,493 crore, up 7.9% YoY.
  • Consolidated EBITDA at Rs 17,976 crore, down 13.8% YoY.
  • Consolidated Profit after Tax at Rs 7,145 crore, down 28.1% YoY.

Prachur Sah, Managing Director & CEO, Indus Towers, said: “FY26 was a year of strong and well-rounded performance for Indus Towers, driven by healthy colocation additions and continued network expansion by our customers. Improvement in the operating environment, supported by government measures, has strengthened sector stability and our business outlook.

We have advanced our growth agenda, including foray into Africa, while maintaining a disciplined approach to capital allocation and long-term value creation. Reflecting improved business visibility and a strong financial position, the Board has recommended final dividend of Rs 14 per share.

The Company has institutionalised a strong culture of operational excellence, innovation and transformation, which was pivotal to our Digital and AI-led initiatives in FY26, enhancing operational visibility and network scalability. These capabilities, together with our leadership position and agility, enable us to capitalise on emerging opportunities.”

Result PDF

Telecom Services company RailTel Corporation of India announced Q4FY26 & FY26 results

Q4FY26 Financial Highlights:

  • Revenue from operations: Rs 1,66,886 lakh against Rs 1,30,828 lakh during Q4FY25, change 28%.
  • PBT: Rs 189,97 lakh against Rs 15,119 lakh during Q4FY25, change 26%.
  • PAT: Rs 14,175 lakh against Rs 11,345 lakh during Q4FY25, change 25%.
  • EPS: Rs 4.42 for Q4FY26.

FY26 Financial Highlights:

  • Revenue from operations: Rs 4,27,748 lakh against Rs 3,47,750 lakh during FY25, change 23%.
  • PBT: Rs 46,958 lakh against Rs 40,178 lakh during FY25, change 17%.
  • PAT: Rs 34,632 lakh against Rs 29,981 lakh during FY25, change 16%.
  • EPS: Rs 10.79 for FY26.

Result PDF

Telecom Cables company HFCL announced Q4FY26 & FY26 results

Q4FY26 Consolidated Financial Highlights:

  • Revenue from Operations: Rs 1,824.12 crore in Q4FY26 compared to Rs 800.72 crore in Q4FY25, representing a significant YoY growth of 127.81%. On a QoQ basis, it increased by 50.66% from Rs 1,210.79 crore in Q3FY26.
  • Total Income: Rs 1,846.38 crore in Q4FY26 compared to Rs 814.36 crore in Q4FY25, up 126.73% YoY. It grew 50.58% QoQ from Rs 1,226.21 crore in Q3FY26.
  • EBIDTA: Rs 336.93 crore in Q4FY26, showing a sequential growth of 38.36% from Rs 243.52 crore in Q3FY26.
  • Profit Before Tax (PBT): Rs 427.68 crore in Q4FY26 compared to a loss of Rs 104.93 crore in Q4FY25. On a QoQ basis, PBT increased by 209.67% from Rs 138.11 crore in Q3FY26.
  • Net Profit (PAT): Rs 184.45 crore in Q4FY26 compared to a loss of Rs 83.30 crore in Q4FY25. It increased by 80.18% QoQ from Rs 102.37 crore in Q3FY26.

FY26 Consolidated Financial Highlights:

  • Revenue from Operations: Rs 4,949.27 crore for FY26 compared to Rs 4,064.52 crore for FY25, representing a YoY increase of 21.77%.
  • Total Income: Rs 5,014.52 crore for FY26 compared to Rs 4,122.28 crore for FY25, showing a YoY growth of 21.64%.
  • EBIDTA: Rs 826.75 crore for FY26 compared to Rs 506.75 crore for FY25, a growth of 63.15% YoY.
  • EBIDTA Margin: 16.70% for FY26, a significant expansion of 423 bps from 12.47% in FY25.
  • Profit Before Tax (PBT): Rs 427.68 crore for FY26 compared to Rs 216.59 crore for FY25, representing a YoY growth of 97.46%.
  • Net Profit (PAT): Rs 329.44 crore for FY26 compared to Rs 173.26 crore for FY25, marking a YoY growth of 90.14%.
  • Dividend: The Board recommended a dividend of 20%, i.e., Re. 0.20/- per equity share of face value Re. 1/- each.

Q4FY26 Standalone Financial Highlights:

  • Revenue from Operations: Rs 1,511.24 crore in Q4FY26 compared to Rs 757.19 crore in Q4FY25 ( 99.59% YoY) and Rs 1,223.89 crore in Q3FY26 ( 23.48% QoQ).
  • Total Income: Rs 1,534.39 crore in Q4FY26 compared to Rs 772.95 crore in Q4FY25 ( 98.51% YoY) and Rs 1,239.04 crore in Q3FY26 ( 23.84% QoQ).
  • Profit Before Tax (PBT): Rs 216.38 crore in Q4FY26 compared to a loss of Rs 92.80 crore in Q4FY25. It increased by 174.11% QoQ from Rs 78.94 crore in Q3FY26.
  • Net Profit (PAT): Rs 177.58 crore in Q4FY26 compared to a loss of Rs 72.59 crore in Q4FY25. It grew 216.03% QoQ from Rs 56.19 crore in Q3FY26.

FY26 Standalone Financial Highlights:

  • Revenue from Operations: Rs 4,527.54 crore for FY26 compared to Rs 3,795.22 crore for FY25, up 19.30% YoY.
  • Total Income: Rs 4,595.00 crore for FY26 compared to Rs 3,856.12 crore for FY25, up 19.16% YoY.
  • Profit Before Tax (PBT): Rs 322.14 crore for FY26 compared to Rs 241.43 crore for FY25, up 33.43% YoY.
  • Net Profit (PAT): Rs 252.87 crore for FY26 compared to Rs 194.75 crore for FY25, up 29.84% YoY.

Business Highlights

  • Telecom Products: Revenue of Rs 2,931.01 crore with segment results (profit before tax and interest) of Rs 763.92 crore.
  • Turnkey Contracts and Services: Revenue of Rs 1,875.01 crore with a segment result loss of Rs 113.01 crore.
  • Defence Product & Services: Revenue of Rs 76.70 crore with a segment result loss of Rs 5.05 crore.

Mahendra Nahata, Managing Director, HFCL, said: “FY26 has been a defiining year for HFCL, during which we delivered our highest-ever performance, achieving over 21% YoY revenue growth and ~97% YoY PBT growth.

Looking ahead, we strongly believe that HFCL is entering a structurally stronger and more predictable growth phase. We are witnessing not only a substantial expansion in our order book but also improvement in its quality, with a higher share of exports, long-term contracts, and high-margin products.

Our strategic initiatives, backward integration into optical fiiber preform, expansion in defence sector, growing global footprint, and a strong focus on product-led growth are building a powerful foundation for sustained margin expansion and improved returns.

HFCL has transformed into a more global, technology-driven, diversifiied, and structurally profiitable enterprise, which we believe will drive consistent earnings growth in the years ahead. We believe the strong momentum witnessed in Q4FY26 will continue in coming quarters.”

Result PDF

Telecom Cables company Sterlite Technologies announced Q4FY26 & FY26 results

Q4FY26 Standalone Financial Highlights:

  • Revenue from operations: Rs 752 crore (Up 27.03% QoQ and Up 35.50% YoY).
  • Total Income: Rs 824 crore (Up 32.48% QoQ and Up 38.72% YoY).
  • EBITDA: Rs 135 crore (Up 206.82% QoQ and Up 110.94% YoY).
  • Net profit/(loss) for the period: Rs 33 crore (Up 206.45% QoQ from a loss of Rs 31 crore; and Up 232.00% YoY from a loss of Rs 25 crore).
  • Basic EPS: Rs 0.68 (compared to negative Rs 0.65 in Q3 FY26 and negative Rs 0.53 in Q4 FY25).

Q4FY26 Consolidated Financial Highlights:

  • Revenue from operations: Rs 1,441 crore (Up 14.64% QoQ and Up 36.98% YoY).
  • Total Income: Rs 1,464 crore (Up 15.64% QoQ and Up 36.44% YoY).
  • EBITDA: Rs 218 crore (Up 68.99% QoQ and Up 49.32% YoY).
  • Net profit/(loss) for the period: Rs 59 crore (Up 447.06% QoQ from a loss of Rs 17 crore; and Up 247.50% YoY from a loss of Rs 40 crore).
  • Basic EPS: Rs 1.21 (compared to negative Rs 0.35 in Q3 FY26 and negative Rs 0.84 in Q4 FY25).

FY26 Standalone Financial Highlights:

  • Revenue from operations: Rs 2,446 crore (Up 10.43% YoY).
  • Total Income: Rs 2,625 crore (Up 11.80% YoY).
  • EBITDA: Rs 312 crore (Up 95.00% YoY).
  • Net profit/(loss) for the year: Rs 2 crore (Up 101.74% YoY from a loss of Rs 115 crore).
  • Net cash flow from operating activities: Rs 145 crore (Up 81.25% YoY).
  • Basic EPS: Rs 0.04 (compared to negative Rs 2.38 in FY25).
  • Dividend: The Board has not recommended any dividend for the financial year ended March 31, 2026.

FY26 Consolidated Financial Highlights:

  • Revenue from operations: Rs 4,745 crore (Up 18.74% YoY).
  • Total Income: Rs 4,804 crore (Up 19.15% YoY).
  • EBITDA: Rs 628 crore (Up 38.94% YoY).
  • Net profit/(loss) for the year: Rs 56 crore (Up 145.53% YoY from a loss of Rs 123 crore).
  • Net cash flow from operating activities: Rs 520 crore (Up 49.43% YoY).
  • Basic EPS: Rs 1.15 (compared to negative Rs 2.54 in FY25).

Business Highlights:

  • Order Book: The open order book at the end of FY26 stands at Rs 7,309 crore, supported by large-scale data-centre and telecom projects.
  • Order Intake: The year was characterized by a transformative ~110% surge in order intake over FY25.
  • AI Data Centre Focus: The AI Data Centre business emerged as a key growth engine. The company launched "Neuralis", a purpose-built connectivity suite for AI-Data Centres.
  • Innovation:
    • Introduced India’s first Hollow Core Fibre (HCF) cable, achieving ~46% faster transmission and ultra-low latency.
    • Developed a 4-core Multi-Core Fiber (MCF) Unitube cable for the UK market.
    • Total patent count stands at 780 as of Q4FY26.
  • Fund Raising:
    • The Board approved raising funds up to Rs 2,000 crore via equity shares or other equity-linked instruments.
    • The company raised Rs 124.58 crore till March 31, 2026, through warrants convertible into equity shares on a preferential basis.
  • Strategic Wins: STL established deep partnerships with global customers including Colt, Netomnia, Mynet, SLICFiber, and Swoop.
  • Sustainability: STL became the world’s first optical manufacturer to be zero liquid discharge certified and zero waste to landfill certified.

Ankit Agarwal, MD, STL, said: “We enter FY27 with significant momentum.”

“FY26 was a transformative year for us. Our record order intake reflects our ability to co-create with customers and deliver advanced, highcapacity optical connectivity solutions for global hyperscalers and telecom providers. By owning the entire value chain—from glass chemistry to complex AI-DC racks—we are providing the physical foundation for the future of intelligence.”

Result PDF

Telecom Services company Tata Teleservices (Maharashtra) announced Q4FY26 & FY26 results

Q4FY26 Financial Highlights:

  • Revenue from Operations: Reported at Rs 295.54 crore for Q4FY26, representing a growth of 0.42% QoQ compared to Rs 294.31 crore in Q3FY26 and a decrease of 4.13% YoY compared to Rs 308.27 crore in Q4FY25.
  • Total Income: Stood at Rs 297.28 crore, up 0.39% QoQ from Rs 296.13 crore and down 4.17% YoY from Rs 310.21 crore.
  • EBITDA: Reported at Rs 162.74 crore, a decrease of 7.33% QoQ from Rs 175.62 crore but an increase of 7.19% YoY from Rs 151.82 crore.
  • Profit After Tax: The company reported a net profit of Rs 580.93 crore for Q4FY26, showing a significant turnaround from a net loss of Rs 150.43 crore in Q3FY26 and a net loss of Rs 306.42 crore in Q4FY25. This turnaround was primarily driven by exceptional write-backs.
  • Earnings Per Share (EPS): Basic and Diluted EPS stood at Rs 2.97 for the quarter, compared to a negative EPS of Rs 0.77 in the previous quarter and Rs 1.57 in the corresponding quarter of the previous year.

FY26  Financial Highlights:

  • Revenue from Operations: Stood at Rs 1,160.23 crore for FY26, a decline of 11.30% YoY compared to Rs 1,308.04 crore in FY25.
  • Total Income: Reported at Rs 1,167.76 crore for the year, down 11.27% YoY from Rs 1,316.14 crore.
  • EBITDA: Increased to Rs 624.94 crore for FY26, up 7.96% YoY compared to Rs 578.88 crore in FY25.
  • Net Loss: The net loss for the year narrowed significantly to Rs 215.30 crore, an improvement of 83.12% compared to the net loss of Rs 1,275.32 crore in FY25.
  • Cash Flows: Net cash generated from operating activities increased by 32.16% to Rs 667.56 crore in FY26 compared to Rs 505.13 crore in FY25.
  • Earnings Per Share (EPS): Annual Basic and Diluted EPS improved to Rs (1.10) from Rs (6.52) in the previous year.

Business Highlights:

  • Financial Support: The company has received a support letter from its ultimate holding company, indicating necessary financial actions will be taken to organize for any shortfall in liquidity for the next 12 months.
  • Exceptional Items: During the year, the company recorded exceptional gains/adjustments including:
    • A write-back of provision amounting to Rs 666.70 crore related to license fee and Spectrum Usage Charges (SUC) following a reassessment of liabilities as per final outstanding shared by DoT.
    • A demand of Rs 3.80 crore from the DoT pertaining to legacy mobility subscriber connections.
    • Incremental statutory impact of Rs 4.05 crore related to 'New Labour Codes' (gratuity and leave encashment).
  • AGR Dues: The company paid the annual installment due on March 31, 2026, amounting to Rs 615.42 crore for Adjusted Gross Revenue (AGR) dues (LF and SUC) and Rs 37.56 crore for AGR-related dues up to FY19.
  • Asset Life Reassessment: The company revised the estimated useful life of certain network assets from 18 years to 25 years. This resulted in a lower depreciation charge of Rs 5.90 crore for the quarter and Rs 23.91 crore for the year ended March 31, 2026.
  • Commercial Papers: As of March 31, 2026, the company had outstanding commercial papers worth Rs 2,095 crore at maturity value.

Result PDF

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