India's Bharti Airtel hits all-time high after Q2 profit jump

Bharti Airtel

04/11/2025 04:33

** Shares of Bharti Airtel BRTI.NS rise 3% to a record high of 2,135.6 rupees

** Telco's Q2 profit jumps 89% y/y, boosted by higher ARPU (average revenue per user) driven by improving customer mix, rising data consumption, BNP Paribas says

** Expects co to continue gaining market share, sees strong EBITDA growth and moderate capex in FY26

** Wireless segment margins surprised positively, helped by lower administrative and marketing costs, JP Morgan says

** Says homes segment saw healthy growth led by new users, even as ARPU declined

** Jefferies says subscriber premiumisation, improving monetisation trends continue to support healthy growth outlook

** Stock rated "buy" on avg; median PT 2,112.5 rupees - data compiled by LSEG

** Stock up 34% YTD

 (Reporting by Aleef Jahan)

 ((aleefjahan.cs@thomsonreuters.com))