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AIRTEL GAINS 3 %, NEARS RECORD HIGH AS ARPU GROWTH DRIVES Q2 REVENUE BY 17 %

Airtel gains 3% near record high on 17% Q2 revenue growth driven by ARPU.

Context

What happened: Bharti Airtel shares rose over 3 per cent intraday after Q2 FY27 results showed revenue growth driven by higher ARPU. Key numbers: Day's high ₹2,120, up 3.06 per cent from ₹2,057 close. Profit ₹10,710.4 crore, up 23.80 per cent YoY. Revenue ₹60,878 crore, up 16.7 per cent. EBITDA ₹35,240 crore, margin 57.9 per cent. ARPU ₹271 versus ₹256. All-time high ₹2,174.50 on November 21, 2025. Why it matters: JM Financial said consolidated EBITDA beat its estimate by 1 per cent and consensus by 4 per cent, and raised its target price to ₹2,410 from ₹2,400 while reiterating BUY.

What changed

Bharti Airtel shares rose over 3 per cent intraday after Q2 FY27 results showed revenue growth driven by higher ARPU.

Why it matters

JM Financial said consolidated EBITDA beat its estimate by 1 per cent and consensus by 4 per cent, and raised its target price to ₹2,410 from ₹2,400 while reiterating BUY.

Sources

gdelt