Bharti Airtel stuns Dalal Street, Record profits, big stake move send stocks soaring

Representative photo of stock market: ChatGPT and Gemini

#Bharti Airtel # Airtel# Dalal Street# Record High Trading# Telecom# stock market # Indian Stocks# Indus Towers# Indus Towers Stakes

Mumbai/IBNS-CMEDIA: Bharti Airtel‘s stocks rose to a record high on intraday trading after it produced its financial result for the second quarter (July-September) of FY2026 a day ago, media reports said.

The share prices opened at Rs. 2,100, up by three percent while it touched the record-breaking Rs. 2,135.75 in a slow market.

A day ago, the telecom company unveiled its Q2FY26 results indicating a massive 89 percent Year-on-Year growth.

The company has also announced it will acquire upto 5 percent additional stakes in its subsidiary Indus Towers.

The announcement led the share prices of Indus Towers up by 4 percent to an intraday high of Rs. 396.95.
Top highlights from Bharti Airtel’s Q2 FY26 results

Financial Performance
  • Consolidated revenue: ₹52,145 crore — up 25.7% YoY and 5.4% QoQ.
  • India revenue: ₹38,690 crore — up 22.6% YoY, driven by mobile, home broadband, and enterprise growth.
  • EBITDA: ₹29,919 crore; EBITDA margin at 57.4% (India margin 60%).
  • Net profit (before exceptional items): ₹6,792 crore vs ₹3,911 crore last year — up 74% YoY.
  • Net debt to EBITDAaL: 1.19× — showing strong balance sheet health.

Segment Highlights

  • India Mobile: Revenue up 13.2% YoY led by higher ARPU and smartphone user growth.
  1. ARPU: ₹256 vs ₹233 YoY (+9.9%).
  2. Smartphone data users: +22.2 million YoY; now 78% of total base.
  3. Mobile data usage: +26.6% YoY (28.3 GB/month per user).
  4. Postpaid additions: +0.95 million in Q2.
  • Homes Broadband: Revenue up 30.2% YoY; record 951 K new customers added.
  • Airtel Business: +4.3% QoQ growth — broad-based strength across enterprise services.
  • Digital TV: Slight dip (–0.7% YoY).
  • Passive Infrastructure: +1.6% QoQ from new site rollouts and tenancy gains.