Pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, we are enclosing herewith the transcript of the Earning Call held on May 14, 2026 ....

AI summary - FY26 consolidated revenue about Rs.2,11,000 Cr, EBITDAaL Rs.1,08,000 Cr, margin 51.2% - India EBITDAaL ex-passive Rs.72,500 Cr, +18% y-y, margin 51.7% - Q4 consolidated revenue Rs.55,400 Cr, +2.6% q-q; India revenue ex-passive Rs.36,100 Cr - New growth bets: data centers (1 GW target), financial services (NBFC license), Airtel Cloud - Board approved 16.3% stake acquisition in Airtel Africa via share swap, no cash deal - FY26 India mobile ARPU Rs.257; focus on accelerating ARPU growth via postpaid and premiumization - Homes added 4.2 mn customers in FY26; fiber rollout 43,000 km; IPTV gaining traction - Capex FY26 India ex-passive Rs.31,000 Cr; FY27 capex expected similar; focus on transport, edge data centers - War on waste initiatives ongoing; reducing diesel use and cost pressures - Dividend increased 50% to Rs.24/share; progressive payout policy maintained - Africa now 29% of revenues; long-term growth driven by low tele-density and smartphone penetration - Management cautious on tariff hikes; pricing architecture seen as broken, aiming for multi-tier plans - Nxtra data centers raising $1bn fund; focus on tenancy model, sovereign cloud gaining traction - Digital businesses growing 27% in FY26; B2B order book up 17%; focus on cloud, IoT, cybersecurity - Chairman aims for Bharti Telecom to regain 51% promoter stake over next decade - Regulatory charge provisioned due to interpretation changes, no new demand - Operating free cash flow strong; net debt to EBITDAaL…