Bharti Airtel Limited is a leading telecom company with operations in 20 countries across Asia and Africa. Bharti Airtel Limited is an Indian multinational telecommunications company based in New Delhi. It operates in 18 countries across South Asia and Africa, as well as the Channel Islands. It is the second largest mobile network operator in India and the second largest mobile network operator in the world.
The company operates through multiple business segments that contribute to its diversified revenue stream. It operates through five segments: Mobile Services, Homes Services, Digital TV Services, Airtel Business, and South Asia. The Mobile Services India segment includes voice and data telecom services provided through wireless technology (2G / 3G / 4G) in India. The Homes Services segment provides fixed-line telephone and broadband services for homes in 1,225 cities pan-India. The Digital TV Services segment offers both standard and high definition (HD) digital TV services with 3D capabilities and Dolby surround sound. It offers a total of 706 channels including 86 HD channels, 4 international channels and 4 interactive services.
Airtel has a strong position, with a revenue market share of 39%, and a subscriber market share of 33%. Airtel Bharat is the second largest provider of mobile telephony after Jio and the second largest provider of fixed telephony in India and is also a provider of Broadband and subscription television services. Its subscriber count stands at 28.9 million (as of December 2024).
The company's technological capabilities are well-established in the Indian market. Currently, Airtel provides 5G, 4G and LTE Advanced services throughout India. Airtel had also rolled out its Voice over LTE (VoLTE) technology across all Indian telecom circles. It aims to strengthen its market position by deploying 4G and 5G infrastructure and upgrading feature phone users in key regions. To this end, Airtel has finalised deals worth $1.2 billion with Ericsson, Nokia, and Samsung for new 4G and 5G equipment.
Market Cap ₹ 12,10,376 Cr. as of recent data. The company has demonstrated strong financial performance across multiple quarters. Bharti Airtel Ltd's revenue jumped 24.97% since last year same period to ₹48,419.70Cr in the Q4 2024-2025. Bharti Airtel Ltd's net profit jumped 432.04% since last year same period to ₹11,021.80Cr in the Q4 2024-2025.
The company's third quarter performance for FY25 was particularly impressive. Bharti Airtel on Thursday reported an impressive 505 per cent rise in its consolidated net profit at Rs 14,781 crore for the third quarter (Q3) of the financial year 2024-25 (FY25), up from Rs 2,442 crore reported during the same period last year. The telco reported a 19 per cent rise in consolidate total income at Rs 45,599 crore year-on-year (Y-o-Y) from Rs 38,339 crore.
Key financial metrics show strong operational efficiency. Average revenue per user (Arpu) grew to Rs 245 in Q3 FY25 from Rs 208 in Q3 FY24. The India business posted Ebitda of Rs 19,850 crore, reflecting an earnings before interest, taxes, depreciation and amortisation (Ebitda) margin of 57.3 per cent. One of India's leading telecommunication network companies, Bharti Airtel Limited reported a revenue of over 1.5 trillion Indian rupees in fiscal year 2024.
The company has been actively pursuing strategic partnerships and technological advancements. It has partnered with Starlink to enhance satellite broadband connectivity in India. This collaboration aims to provide high-speed internet access to remote and rural areas, leveraging Starlink's low-earth orbit satellite technology and Airtel's extensive telecom infrastructure. In May 2024 Google Cloud partnered with Airtel.
Recent corporate actions include dividend declarations and leadership changes. Bharti Airtel Ltd. has an upcoming dividend of ₹16.00 per share due on 18 Jul 2025, which follows a dividend of ₹8 declared in the quarter ending March 2024. The company also appointed its current Chief Operation Officer Shashwat Sharma as its CEO, effective Jan. 1, 2026.
The company's diversified business model spans multiple segments. Airtel has a diversified revenue stream with non-mobility businesses like enterprise services, home broadband, and DTH. The non-mobility business contributes 19% to its consolidated revenue. The enterprise services segment revenue has grown at a CAGR of 12% to Rs 208 billion, with a healthy margin of 40%. Its revenue from broadband has grown at a CAGR of 22% to reach Rs 49 billion, with margins of 50%.
The mobile services segment continues to show strong growth. The number of smartphone data customers increased by 25.2 million Y-o-Y and 6.5 million Q-o-Q, with smartphone users now making up 75.8 per cent of its total mobile customer base. Airtel Business revenue increased by 8.7 per cent Y-o-Y, while the Homes segment maintained its growth trajectory, reporting an 18.7 per cent Y-o-Y rise in revenue and a record net customer addition of 674,000.
The company's stock has shown strong performance over the past year. Bharti Airtel Ltd share price moved up by 38.10% on BSE over the last 12 months. Bharti Airtel is one of the top Nifty 50 gainers in 2024, up 63%. The stock has routinely outpaced the sector and larger market benchmarks like the Sensex, which has increased more modestly.
Analyst sentiment remains positive with strong buy recommendations. Most experts suggest Bharti Airtel as a "buy" with 29 out of 35. According to market analysts, the price might rise by almost 22% to ₹2,070 from present levels. The company's strong fundamentals and growth prospects position it well for continued success in the evolving telecommunications landscape.
