Bharti Airtel Shares in Focus Ahead of Financial Results Announcement

Bharti Airtel shares are in focus as the telecom major prepares to release its financial results for the quarter ending September 30, 2026. On Wednesday, the stock closed 0.13% higher at ₹2,067 per share on the NSE. Market analysts expect the company to report healthy growth in revenue and EBITDA, driven by wireless subscriber additions and better monetisation.

Financial Projections

Kotak Institutional Equities expects revenue and EBITDA to rise by 2.1% and 2.6% on a quarter-on-quarter basis. The brokerage estimates the telecom operator added 2.5 million wireless subscribers during the quarter, excluding machine-to-machine connections. Average revenue per user is projected to climb to ₹268 from ₹264 in the previous quarter. Broadband net additions are estimated at 0.75 million, while enterprise business margins are projected at 43%.

Analyst Views

Seema Srivastava of SMC Global Securities notes that Bharti Airtel remains a preferred core holding, supported by market share gains among high-value 4G and 5G users. Mahesh M Ojha of Kantilal Chhaganlal Securities states the stock is witnessing an uptrend and could extend gains toward ₹2,085 to ₹2,150. The company has also scheduled an earnings conference call for analysts on November 6, 2026.

Context

Quarterly financial disclosures by major telecom operators provide critical insights into consumer data usage trends and overall sector health. Market participants closely monitor metrics like average revenue per user to gauge profitability in a competitive telecommunications landscape.