Bharti Airtel hit a day high of Rs 2,120 on 6 November, about 3% above the previous close, after Q2 profit jumped 31% to Rs 8,887.5 crore.

Bharti Airtel Limited reported a consolidated net profit of Rs 8,887.5 crore for the quarter ended September 2026, compared with Rs 6,791.6 crore a year earlier.

Sequentially, profit rose 9% from Rs 8,167 crore in the April to June quarter.

Revenue from operations stood at Rs 60,878 crore, 16.7% higher than the Rs 52,145.4 crore of a year ago and 4% above the previous quarter.

The company cited higher revenue per user after a rejig in mobile tariffs. In plain terms, Airtel is earning more from every customer.

India mobile ARPU, the average amount it makes per user, rose to Rs 271 from Rs 256 last year.

Mobile revenue in India grew 10.1%. Core operating profit, known as EBITDA, climbed 17.8% to Rs 35,240 crore.

The margin improved to 57.9% from 57.4%, which means Airtel kept nearly Rs 58 of every Rs 100 earned before interest, tax and depreciation.

The company has also sought shareholder approval for a new employee stock option plan covering 95 lakh options.

The shares will come from the secondary market, so no fresh shares are issued and existing investors face no dilution.

Voting closes on 5 December 2026 for shareholders using e-voting.

Airtel also disclosed minor penalties to the DoT and TRAI over verification and spam-call rules, with a combined impact under Rs 1 lakh.

Earlier this year, the stock went ex-dividend on 24 July for a payout of Rs 24 per share.

At 9:51 am, it’s trading at Rs 2,090.20 on NSE, up by 33.30 points or 1.62% from the previous close of Rs 2,056.90.

The day’s low so far is Rs 2,076.20. Over the past month, the stock has gained 15.44%.

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