Preview: India's Bharti Airtel slips ahead of quarterly results

Indus Towers

05/02/2026 04:05

** Shares of Bharti Airtel BRTI.NS down 1%% ahead of quarterly results

** Analysts on avg see co's Q3 profit halving to 73.67 billion rupees ($814.57 million); year-ago profit was lifted by a 75.5 bln rupee exceptional gain from its Indus Towers stake - data compiled by LSEG

** Brokerage Ambit Capital ("Buy", PT: 2528 rupees) expects 2.4% sequential ARPU growth for co, led by elimination of entry level plans

** Centrum Capital ("Buy", PT: 2444 rupees) expects co's India wireless subscribe base to rise by ~3 mln sequentially

** Both brokerages expects co's rev to rise 19.4-20% Y/Y

** Stock rated "Buy" on avg; median PT at 2350 rupees - data compiled by LSEG

** Stock gained 32.6% in 2025, down 3.8% YTD

($1 = 90.4400 Indian rupees)

 (Reporting by Aleef Jahan in Bengaluru)

 ((aleefjahan.cs@thomsonreuters.com))