Strong Revenue Growth Keeps Telecom Stock in Focus

BHARTIARTL Bharti Airtel remains in focus following its strong Q2 FY27 financial performance. The company reported consolidated revenue of approximately ₹60,878 crore, registering 16.75% year-on-year growth. Net profit increased by 23.81% year-on-year to ₹10,710 crore, according to quarterly results data. The company's average revenue per user (ARPU) improved to ₹271, reflecting better monetisation and growth in premium subscribers. Expansion of its 4G and 5G customer base and strong performance in its Africa business also supported revenue growth. However, higher network operating costs and licence fees remain key concerns. The company also faces competitive pressure in the telecom sector, particularly regarding subscriber additions and prepaid pricing. Market Outlook: Investors will closely track Airtel's ARPU improvement, subscriber growth, network investments and potential telecom tariff hikes. Strong revenue momentum remains encouraging, although rising operating expenses warrant attention.