Bharti Airtel Earnings: Profit Jumps 37%, Experts See Strong Growth On Higher ARPU And Profit Surge

Bharti Airtel delivered a strong quarterly performance, impressing investors with healthy growth across key metrics. Speaking to Business Today, Gaurav Sharma, Vice President & Head of Research, Globe Capital, said the company posted an impressive rise in profitability and revenue, while ARPU improved to 264 from 257 in the previous quarter. He highlighted strong contributions from both the India and Africa businesses, calling it a solid set of earnings. Gaurav Sharma also noted that Globe Capital's research team had earlier assigned a buy rating to the stock, while disclosing that the firm and its clients may hold positions in Bharti Airtel.