Bharti Airtel Shares Surge to Record High, Extending Gains with 2.3% Rise on Strong Q2 Performance

Bharti Airtel Ltd’s shares extended their gains to hit a record high on November 4, 2025, rising 2.3% intraday on the NSE. The surge follows the company’s impressive Q2 FY26 financial results, where consolidated net profit soared 73.6% year-on-year to Rs 6,792 crore, driven by higher-paying subscriber growth and operational efficiency.

Consolidated revenue grew 25.7% to Rs 52,145 crore, while EBITDA advanced 35.9% to Rs 29,919 crore, improving margins to 57.4%. India’s operations posted a 22.6% revenue growth with a robust 60% EBITDA margin. Airtel added 5.1 million new smartphone users and nearly 951,000 home broadband customers, underlining its expanding subscriber base.

Airtel’s Africa segment maintained strong momentum with 24.2% revenue growth on a constant currency basis and a 48.8% EBITDA margin. The company invested Rs 11,362 crore in capital expenditure during the quarter to enhance infrastructure.

Brokerages such as Jefferies maintained bullish outlooks, citing premium subscriber gains and operational scale as key growth drivers. Airtel’s market performance has outpaced the Nifty 50 index, reflecting strong investor confidence.

Key Highlights:

Shares hit record high, up 2.3% intraday

Q2 consolidated net profit rises 73.6% YoY to Rs 6,792 crore

Revenue grows 25.7% to Rs 52,145 crore; EBITDA margin at 57.4%

Added 5.1 million smartphone users and 951,000 broadband customers in India

Africa operations revenue up 24.2%, EBITDA margin at 48.8%

Capital expenditure during quarter at Rs 11,362 crore

Positive brokerage recommendations with strong future growth prospects

Sources: Moneycontrol, Economic Times, Reuters, Business Today