Post by : Badri Ariffin

Bharti Airtel shares opened sharply higher on Tuesday, climbing as much as 2.7% following the telecom giant’s impressive July-September quarter results. The stock reached a high of Rs 2,129 from the previous close of Rs 2,074 on NSE, reflecting strong investor confidence after a year of robust performance.

The company’s Q2 FY26 results highlighted remarkable growth across profitability, subscriber base, and revenue metrics. Consolidated net profit surged 73.6% year-on-year to Rs 6,792 crore, while revenue jumped 25.7% to Rs 52,145 crore. EBITDA expanded 35.9% to Rs 29,919 crore, pushing margins to 57.4%.

In India, revenue rose 22.6% to Rs 38,690 crore, supported by premium subscriber additions, with the average revenue per user (ARPU) climbing 10% to Rs 256. Airtel added 5.1 million smartphone users and 951,000 home broadband customers during the quarter.

Airtel’s Africa operations also contributed to the growth story, with constant-currency revenue up 24.2% and an EBITDA margin of 48.8%. The company invested Rs 11,362 crore in capital expenditure, while keeping net-debt-to-EBITDA at a healthy 1.19x annualized.

Over the past year, Airtel stock has surged more than 33%, significantly outperforming the Nifty 50 index, which gained 7.5% in the same period. The strong Q2 performance reflects steady operational momentum in both India and Africa, along with the company’s ability to capitalize on premiumization trends and higher monetization from its growing subscriber base.

With these results, Bharti Airtel has solidified its position as one of India’s leading telecom operators, demonstrating resilience and growth in a competitive sector.

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