Bharti Airtel share price down by nearly 3% as net profit declines 13.6% QoQ; check details

In the early trade, the stock declined up to 2.7% to ₹1,617 apiece on the NSE. At 9:33 am, the scrip was down 2.6% to ₹1,620 a unit.

The market capitalisation stands at ₹9,23,060.6 crore.

Bharti Airtel share price: Q2 net profit zooms 168% YoY

Bharti Airtel reported a 168% increase in its consolidated net profit to ₹3,593.2 crore in the latest July-September quarter, compared to ₹1,340.7 crore in the year-ago period. Sequentially, the post-tax profit declined 13.6%.

The profit after tax (PAT) missed the street estimates.

Revenue from operations rose 12% YoY to ₹41,473 crore, led by strong momentum in India and growth in Africa.

The mobile average revenue per user (ARPU) jumped to ₹233 in the second quarter compared to ₹203 in the corresponding period last fiscal.

The telco announced that Gopal Vitta, who led the company as Managing Director and CEO for more than a decade, will become Executive Vice Chairman on January 1, 2026.

"As part of a structured succession process, Vittal, in addition to being the Managing Director, is being appointed Vice Chairman of Bharti Airtel," the company said in a release.

Shashwat Sharma, who is presently the Chief Operation Officer (COO), will be appointed MD and CEO of Bharti Airtel on January 1, 2026.

On the succession plan, Bharti Airtel Chairman Sunil Mittal said, "I am extremely pleased with the succession and transition plan of leadership at Airtel, and there could not have been a better time for Airtel to unveil the new arrangement where change and continuity will go hand in hand."

The company's consolidated net income (before Exceptional items) stood at ₹3,911 crore, an increase of 32.2% YoY.