Bharti Airtel Ltd

The Nifty November 2025 futures closed at 25,605, a premium of 112.7 points compared with the Nifty's closing at 25,492.30 in the cash market. In the cash market, The Nifty 50 index declined 17.40 points or 0.07% to 25,492.30. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, was up 1.18% to 12.56. Bharti Airtel, Bombay Stock Exchange (BSE) and State Bank of India (SBI) were the top-traded individual stock futures contracts in the F&O segment of the NSE. The November 2025 F&O contracts will expire on 25 November 2025.Powered by Capital Market - Live

According to reports, Pastel, a subsidiary of Singapore Telecommunications (Singtel), sold about 0.8% stake in the telecom major through a transaction valued at around Rs 10,300 crore. The floor price for the deal was set at Rs 2,030 per share, representing a 3.1% discount to Airtel's Thursday closing price of Rs 2,094.60 on the BSE. Pastel offloaded approximately 5.1 crore shares of Bharti Airtel. The stake sale is part of Singtel's capital management strategy aimed at optimising its portfolio and enhancing shareholder returns. This marks Singtel's second major divestment in Airtel this year. In May 2025, the company had sold a 1.2% direct stake in Airtel for S$2 billion (around $1.5 billion) through a private placement to a mix of international and domestic institutional investors, including existing Airtel shareholders. Following the latest transaction, Singtel will hold 27.5% stake in Airtel, valued at an estimated S$51 billion. Bharti Airtel is a global communications solutions provider with over 600 million customers in 15 countries across India and Africa. The telecom major reported 89.02% surge in consolidated net profit to Rs 6,791.7 crore on 25.73% increase in revenue from operations to Rs 52,145.4 crore in Q2 FY26 over Q2 FY25. Powered by Capital Market - Live

Bharti Airtel Ltd lost 3.2% today to trade at Rs 2027.6. The BSE Telecommunication index is down 1.13% to quote at 3037.01. The index is up 4.39 % over last one month. Among the other constituents of the index, Bharti Hexacom Ltd decreased 1.66% and Vindhya Telelinks Ltd lost 1.35% on the day. The BSE Telecommunication index went up 5.38 % over last one year compared to the 4.54% surge in benchmark SENSEX. Bharti Airtel Ltd has added 4.36% over last one month compared to 4.39% gain in BSE Telecommunication index and 1.68% rise in the SENSEX. On the BSE, 14.43 lakh shares were traded in the counter so far compared with average daily volumes of 2.87 lakh shares in the past one month. The stock hit a record high of Rs 2135.75 on 04 Nov 2025. The stock hit a 52-week low of Rs 1510.8 on 21 Nov 2024.Powered by Capital Market - Live

Profit before tax (PBT) soared 108.97% to Rs 12,322.3 crore in Q2 FY26. Consolidated EBITDA stood at Rs 29,919 crore in Q2 Sept 2025, registering the growth of 35.9% YoY with EBITDA margin of 57.4% during the quarter, as against 53.1% in Q2 FY25. India revenues for Q2 FY26 stood at Rs 38,690 crore, reflecting a YoY growth of 22.6% & QoQ growth of 2.9%. Mobile revenue registered a 13.2% YoY growth in Q2 FY26, driven by higher realizations and an expanding customer base. Average Revenue Per User (ARPU) for the quarter was at Rs 256, up 9.87% compared with Rs 233 in Q2 FY25. During the quarter, the company added 2,479 towers and 20,841 mobile broadband base stations. In Q2 FY26, the Homes business reported 30.2%YoY revenue growth, driven by robust customer additions. During the quarter, the company added 9,51,000 customers, taking total customer base to 11.9 million. Airtel Business revenue, however, declined 6.71% YoY to Rs 5,276 crore. During the quarter, Xtelify, fully-owned subsidiary of Bharti Airtel housing all of Airtel's digital assets and capabilities, launched a sovereign, telco-grade cloud platform ' 'Airtel Cloud' to meet the ever-evolving needs of businesses in India In Q2 FY26, digital TV recorded revenues of Rs 753 crore with a customer base of 15.4 million. The company's consolidated net debt to EBITDA ratio (annualized) stood at 1.63 times as on 30th September 2025 as compared to 2.50 times as on 30th September 2024. Consolidated Net Debt (excluding lease obligations) to EBITDAaL ratio (annualized) stood at 1.19 times as on 30th September 2025. Gopal Vittal, vice- chairman and MD, said: 'We delivered another quarter of solid performance, achieving a consolidated revenue of Rs 52,145 crore growing 5.4% sequentially and underscoring the strength of our portfolio. Our India revenue, including passive infrastructure services, increased by 2.9%. Africa delivered another quarter of standout performance with constant currency revenue growth of 7.1%. India Mobile business delivered 2.6% revenue growth, adding 5.1 million smartphone customers, maintaining an industry-leading ARPU of Rs 256 led by continued premiumization of portfolio and a steadfast focus on quality customers. The Postpaid segment recorded one of the highest quarterly net additions of approximately 1 million. Our Homes business sustained strong momentum with 951K net customer additions and sequential revenue growth of 8.5%. IPTV services continue to gain strong traction, driving our connected homes priority. Airtel Business reported strong results with 4.3% sequential revenue growth. We saw multiple deal wins across Connectivity, IOT and security business.' Meanwhile, the company's board has granted approval to acquire up to an 5% additional stake in a subsidiary, Indus Towers, in one or more tranches over a period of time. Bharti Airtel is a global communications solutions provider with over 600 million customers in 15 countries across India and Africa.Powered by Capital Market - Live

The key equity benchmarks traded with minor cuts in early trade as investors turned cautious amid uncertainty surrounding US-China trade negotiations, and the upcoming India-US trade talks. Market participants also kept a close watch on the ongoing Q2 earnings season, global cues. The Nifty slipped below the 25,750 mark. Media, Consumer Durables and realty shares advanced while auto, IT and FMCG shares declined. At 09:30 IST, the barometer index, the S&P BSE Sensex, declined 25.77 points or 0.03% to 83,952.72. The Nifty 50 index fell 36.50 points or 0.14% to 25,730.40. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rose 0.03% and the S&P BSE Small-Cap index added 0.10%. The market breadth was positive. On the BSE, 1,876 shares rose and 1,312 shares fell. A total of 230 shares were unchanged. Foreign portfolio investors (FPIs) sold shares worth Rs 1,883.78 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 3,516.36 crore in the Indian equity market on 03 November 2025, provisional data showed. Stocks in Spotlight: Bharti Airtel added 2.73% after the company reported 89.02% surge in consolidated net profit to Rs 6,791.7 crore on 25.73% increase in revenue from operations to Rs 52,145.4 crore in Q2 FY26 over Q2 FY25. Hero MotoCorp fell 2.47% after the company said it dispatched 635,808 motorcycles and scooters in October 2025, down 6.37% from 679,091 units in the October 2024. RITES advanced 1.27% after the company said it has secured a construction order worth Rs 372.68 crore from the National Institute of Mental Health & Neurosciences (NIMHANS). Numbers to Track: The yield on India's 10-year benchmark federal paper was unchanged at 6,534. In the foreign exchange market, the rupee edged higher against the dollar. The partially convertible rupee was hovering at 88.5100 compared with its close of 88.7700 during the previous trading session. MCX Gold futures for 5 December 2025 settlement shed 0.52% to Rs 120,793. The US Dollar Index (DXY), which tracks the greenback's value against a basket of currencies, was up 0.04% to 99.92. The United States 10-year bond yield shed 0.02% to 4.106. In the commodities market, Brent crude for December 2025 settlement fell 13 cents or 0.20% to $64.76 a barrel. Global Markets: Asia-Pacific markets traded mixed on Tuesday, diverging from Wall Street's tech-driven rally overnight. The gains in U.S. equities were fueled by renewed enthusiasm around artificial intelligence. Amazon shares jumped 4% after the company announced a $38 billion partnership with OpenAI, which will deploy hundreds of thousands of Nvidia graphics processing units. Nvidia stock also climbed about 2% after securing export licenses to supply its chips to the United Arab Emirates. On Wall Street, the Nasdaq Composite rose on Monday as investors moved further into the artificial intelligence trade following a number of deal announcements. The tech-heavy Nasdaq advanced 0.46% to finish at 23,834.72, while the S&P 500 traded up 0.17% to 6,851.97. The Dow Jones Industrial Average lagged, falling 226.19 points, or 0.48%, to 47,336.68.Powered by Capital Market - Live

Profit before tax (PBT) soared 108.97% to Rs 12,322.3 crore in Q2 FY26. Consolidated EBITDA stood at Rs 29,919 crore in Q2 Sept 2025, registering the growth of 35.9% YoY. EBITDA margin improved to 57.4% in Q2 FY26, as against 53.1% in Q2 FY25. India revenues for Q2 FY26 stood at Rs 38,690 crore, reflecting a YoY growth of 22.6% & QoQ growth of 2.9%. Mobile revenue registered a 13.2% YoY growth in Q2 FY26, driven by higher realizations and an expanding customer base. Average Revenue Per User (ARPU) for the quarter was at Rs 256, up 9.87% compared with Rs 233 in Q2 FY25. During the quarter, the company added 2,479 towers and 20,841 mobile broadband base stations. In Q2 FY26, the Homes business reported 30.2%YoY revenue growth, driven by robust customer additions. During the quarter, the company added 9,51,000 customers, taking total customer base to 11.9 million. Airtel Business reported a 6.71% YoY decline in revenue to Rs 5,276 crore in Q2 FY26. During the quarter, Xtelify, fully-owned subsidiary of Bharti Airtel housing all of Airtel's digital assets and capabilities, launched a sovereign, telco-grade cloud platform ' 'Airtel Cloud' to meet the ever-evolving needs of businesses in India In Q2 FY26, digital TV recorded revenues of Rs 753 crore with a customer base of 15.4 million. The company's consolidated net debt to EBITDA ratio (annualized) stood at 1.63 times as on 30th September 2025 as compared to 2.50 times as on 30th September 2024. Consolidated Net Debt (excluding lease obligations) to EBITDAaL ratio (annualized) stood at 1.19 times as on 30th September 2025. Gopal Vittal, vice- chairman and MD, said: 'We delivered another quarter of solid performance, achieving a consolidated revenue of Rs 52,145 crore growing 5.4% sequentially and underscoring the strength of our portfolio. Our India revenue, including passive infrastructure services, increased by 2.9%. Africa delivered another quarter of standout performance with constant currency revenue growth of 7.1%. India Mobile business delivered 2.6% revenue growth, adding 5.1 million smartphone customers, maintaining an industry-leading ARPU of Rs 256 led by continued premiumization of portfolio and a steadfast focus on quality customers. The Postpaid segment recorded one of the highest quarterly net additions of approximately 1 million. Our Homes business sustained strong momentum with 951K net customer additions and sequential revenue growth of 8.5%. IPTV services continue to gain strong traction, driving our connected homes priority. Airtel Business reported strong results with 4.3% sequential revenue growth. We saw multiple deal wins across Connectivity, IOT and security business.' Bharti Airtel is a global communications solutions provider with over 600 million customers in 15 countries across India and Africa. The counter rose 0.93% to end at Rs 2,073.75 on the BSE.Powered by Capital Market - Live

Net profit of Bharti Airtel rose 89.02% to Rs 6791.70 crore in the quarter ended September 2025 as against Rs 3593.20 crore during the previous quarter ended September 2024. Sales rose 25.73% to Rs 52145.40 crore in the quarter ended September 2025 as against Rs 41473.30 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales52145.4041473.30 26 OPM %56.6952.68 - PBDT25504.4017751.10 44 PBT12322.306751.10 83 NP6791.703593.20 89 Powered by Capital Market - Live

Bharti Airtel will hold a meeting of the Board of Directors of the Company on 3 November 2025.Powered by Capital Market - Live

The collaboration will combine Airtel's cloud infrastructure with IBM's AI and hybrid cloud technologies to support enterprise clients, particularly in regulated industries such as banking, healthcare, and government. Under the partnership, Airtel Cloud customers can deploy IBM Power Systems as-a-Service, including AI-ready Power11 servers. Airtel will also expand its availability zones in India from four to ten and establish two new multi-zone regions in Mumbai and Chennai. The move aims to strengthen Airtel's cloud capabilities and help Indian enterprises scale AI workloads securely and efficiently. Bharti Airtel is a global communications solutions provider with over 600 million customers in 15 countries across India and Africa. The company also has its presence in Bangladesh and Sri Lanka through its associate entities. The company ranks amongst the top three mobile operators globally and its networks cover over two billion people. Airtel is India's largest integrated communications solutions provider and the second largest mobile operator in Africa. The telco reported 103.3% rise in consolidated net profit to Rs 5,948 crore in Q1 FY26 from Rs 2,925 crore in Q1 FY25. Total revenues increased by 28.5% YoY to Rs 49,463 crore in Q1 June 2025. The growth was driven by strong momentum in both India and Africa. Average Revenue Per User (ARPU) for the quarter stood at Rs 250 as against Rs 211 in Q1 FY25. Powered by Capital Market - Live

Bharti Airtel entered into a strategic partnership with Google to set up India's first Artificial Intelligence (AI) hub in Visakhapatnam, Andhra Pradesh. This landmark initiative will accelerate the adoption of AI across India, strengthen the country's digital backbone and bring Google's full AI-stack and consumer services closer to Indian businesses. Google's AI hub in Visakhapatnam is a multi-faceted investment of approximately $15 billion (USD) over five years (2026-2030) comprising gigawatt-scale data center operations, supported by a robust subsea network and clean energy, to drive the most demanding AI workloads in India. It will be brought to life in close collaboration with ecosystem partners including Airtel and AdaniConneX. Airtel and Google will jointly establish the purpose-built data center in Visakhapatnam, as well as a state of-the-art Cable Landing Station (CLS) to host Google's new international subsea cables that will join its extensive global terrestrial and subsea infrastructure. Airtel will also create a robust intra-city as well as inter-city fibre network as a part of this project. This high-capacity, low-latency network will deliver faster experiences to Google users and customers; increase the resilience and capacity of India's digital backbone; as well as drive digital inclusivity and transformation across India, bringing the benefits of AI to more people and businesses nationwide. Powered by Capital Market - Live