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Airtel Q2 preview: Analysts see double-digit revenue growth; ARPU in focus

Bharti Airtel is in focus in a quarterly results development for Q2FY27.

· Business Standard Mkts

Airtel Q2 results preview: Brokerages expect Bharti Airtel to report 14-15% Y-o-Y revenue growth in Q2FY27, while PAT is projected to rise in the range of 20-30%.

Period
Q2FY27

Bharti Airtel reported movement of -15% and -30% for Q2FY27. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

Against that, the stock is -0.5% on the day at ₹2,054.10, and has returned +4.8% over three months. It sits 5% below its 52-week high. The telecom & media sector has moved -0.2% over the same period, so Bharti Airtel is running 5.0 points ahead of its peers.

For Bharti Airtel, the question is how much of this is already reflected in the price and how much re-rates the telecom & media peer set alongside it.

  • Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
  • In focus: Bharti Airtel (BHARTIARTL), in Telecom & Media.
  • Over three months: Bharti Airtel +4.8% against Telecom & Media -0.2% (5.0 points ahead).
Figures for the companies in this story
CompanyPriceDay1M3MFrom 52-wk highVolume vs 20-dayMarket cap
Bharti AirtelBHARTIARTL · Telecom & Media₹2,054.10-0.5%+18.6%+4.8%-5.0%0.3×—

Telecom & Media

1M +2.2% · 3M -0.2%

Bharti Airtel

Prices as of 4 Nov 2026, 10:50 IST. Sector moves are the average of the stocks we track in each sector.

BHARTIARTLTelecom & Media