Rising 5G deployments and telecom upgrades drive strong quarterly revenue growth despite global forex headwinds.
Ericsson reported a strong quarterly performance in India, recording nearly 29 per cent growth in revenue to ₹42.28 billion. on a constant currency basis for the quarter ended March 31, 2026. The company had posted revenue of about ₹32.72 billion iin the same period last year, underlining sustained expansion in one of its most important global markets.
India continued to play a strategic role in Ericsson’s overall business, contributing 8 per cent to the company’s consolidated global revenue during the March quarter, compared with 7 per cent a year earlier. The growth was largely supported by ongoing 5G deployments, higher network equipment deliveries, and continued investments by telecom operators in modernising infrastructure.
On a global level, Ericsson reported organic net sales growth of 6 per cent, reaching 49.3 billion Swedish Krona (SEK). However, reported revenue declined 10 per cent year-on-year due to foreign exchange fluctuations that impacted financial reporting across international markets.
The company highlighted that growth across Europe, the Middle East, and Africa was driven by network modernisation projects and expanding 5G rollouts, while higher deliveries in India remained a major growth driver for the South East Asia, Oceania, and India market region.
Ericsson also acknowledged increasing input costs, particularly rising semiconductor prices linked to growing demand from artificial intelligence applications. The company plans to address these pressures through efficiency measures, closer collaboration with suppliers, and product optimisation strategies.
Looking ahead, Ericsson expects the global radio access network market to remain largely stable but sees stronger growth potential in mission-critical communications and enterprise networking segments compared to the broader mobile networks market.
