Toh profit kyun gira? Aisa nahi hai ki company achha perform nahi kar rahi. Asal mein, ₹31,607 Million ke regulatory aur tax provisions ne bottom line par thoda pressure daal diya. Ye sab ek baar ke charges hain.
Iske bawajood, company ki earning toh zordaar rahi. Total revenue 15.7% jump kar ke ₹55,383 Crore ho gaya Q4FY26 mein, jo last year ₹47,876 Crore tha. India business ne yahan 7.7% growth dikhaya, revenue ₹39,566 Crore tak pahuncha. Aur haan, ARPU toh naya record bana raha hai, ₹257 ho gaya hai, jo pehle ₹245 tha. EBIT bhi 21.4% badh kar ₹18,156 Crore raha.
Jab profit mein thoda adjustment hua, company ne balance sheet ko ekdum tight kar liya. Net debt ₹91,049 Crore tak aa gaya hai March 2026 tak, jo pehle ₹1,38,509 Crore tha. Debt-to-EBITDA ratio bhi 0.79x ho gaya, jo 1.42x se kaafi accha hai. Aur shareholders ke liye khushkhabri, Board ne ₹24 per share ka final dividend recommend kiya hai, jo last year ₹16 tha. Poore FY26 mein revenue ₹2 Lakh Crore cross kar gaya, jo 22% zyada hai.
Market mein Airtel apni jagah mazboot rakhe hue hai. Iska ARPU ₹257 hai, jo Jio ke ₹210-215 se kaafi upar hai. Telecom sector bhi badh raha hai, experts ko lagta hai yeh 7.48% CAGR se 2034 tak grow karega, thanks to 5G aur data usage.
Analysts ko abhi bhi Airtel par bharosa hai. Kaafi saare 'Buy' ratings hain aur price targets ₹1,800 se ₹2,376 tak jaa rahe hain. Bernstein, Goldman Sachs jaise firms ne bhi positive views diye hain.
Haan, wo ₹31,607 Million ka provision thoda dekhne wala point hai, investors pooch sakte hain ki iska final impact kya hoga. Aur Airtel Africa mein stake adjust karne se uske share price par bhi asar pada hai. Competition bhi tough hai, especially Jio se, jismein lagatar investment lagta hai.
