
Performance Built on Discipline

FY 2025-26 was another year of strong execution. Growing customer additions, portfolio premiumisation and a continued focus on customer quality contributed to sustained ARPU expansion.
Operational excellence remains a defining strength of the business. Our ‘War on Waste’ initiative continues to unlock efficiencies, drive productivity improvements and enhance operating leverage. As a result, EBITDAaL grew by 17.9% during the year, underscoring our ability to deliver sustained, profitable growth.
Strong cash flow generation and disciplined capital allocation have reinforced the strength of our balance sheet. Supported by a robust financial foundation, we are well positioned to capitalise on future opportunities while maintaining a prudent and balanced approach to capital deployment.
>15%
Revenue CAGR over last 5 years
~₹79 Bn
OFCF (EBITDAaL - Capex) generated over FY21-26
~0.5 Times
Net debt to EBITDAaL
₹18 per share
80% YoY increase in recommended dividend