StocksMedium•6 November 2026•
1 min read
Bharti Airtel Q2 Profit Surges 33% but Misses JPMorgan Estimates
Key Facts
1Bharti Airtel reported a 33% year-on-year surge in September quarter profit to 9,015 crore.
2Average revenue per user (ARPU) increased to 271, driven by migration to postpaid and costlier plans.
3The reported profit missed analyst estimates, including JPMorgan's forecast of 9,146 crore.
Bharti Airtel reported a 33% year-on-year surge in net profit for the quarter ended September, reaching 9,015 crore. TradingView data indicated that average revenue per user (ARPU) increased to 271 rupees, driven by customer migration to postpaid and higher-cost plans. However, the reported profit missed analyst estimates, including JPMorgan's forecast of 9,146 crore.
Regarding related equity performance, JPM closed at $337.34 on November 5, 2026. During the same session, peer financial instruments saw BAC closing at $49.76 and C closing at $118.45 on November 5, 2026. Bharti Airtel's financial results highlight a focus on premiumization and revenue quality despite falling short of consensus expectations.