Mumbai, Nov. 11 -- Net sales increased 2.3% to Rs 11,169.60 crore in Q2 FY26 compared with Rs 10,918.20 crore posted in same quarter last year. Pre-tax loss narrowed to Rs 5527.30 crore in Q2 FY26 as against pre-tax loss of Rs 7168.10 crore in Q2 FY25.

In Q2 FY26, EBITDA increased 2.97% year-on-year to Rs 4,685.1 crore, while the EBITDA margin improved to 41.9%.

Capex for the quarter stood at Rs 17,500 crore. As on September 30, 2025, the debt from banks was Rs 15,300 crore and the cash and bank balance stood at Rs 30,800 crore.

The average revenue per user (ARPU) rose 8.7% to Rs 180 in Q2FY26 compared to Rs 166 in Q2FY25, supported primarily by customer upgrades and tariff increase. The company's total subscriber base stood at 196.7 m...