Bharti Airtel , one of India's leading telecommunications service providers, is set to announce its financial results for the first quarter of the fiscal year 2024 (April-June). Analysts are anticipating strong growth across key financial metrics, reflecting the company's continued momentum in the telecom sector.

Revenue Projection

According to analyst consensus estimates, Bharti Airtel's quarterly revenue is expected to reach Rs 49,761.80 crore. This represents a significant increase of 29% compared to the previous quarter's revenue of Rs 38,506.40 crore. The projected growth suggests a robust performance in the company's core telecom services and potentially its other business segments.

Profit Outlook

The company's net profit is forecasted to see an even more impressive surge. Analysts project a 57% increase in net profit, reaching Rs 5,660.47 crore, up from Rs 3,616.35 crore in the previous quarter. This substantial growth in profitability could be attributed to improved operational efficiency and potentially higher-margin services.

EBITDA and Margin Improvement

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is also expected to show strong growth. The consensus estimate puts EBITDA at Rs 27,980.26 crore, marking a 42% increase from the previous quarter's Rs 19,707.60 crore. Notably, the EBITDA margin is projected to improve significantly, rising to 56.2% from 51.2% in the previous quarter. This margin expansion could indicate better cost management and increased operational efficiency.

Subscriber Growth and ARPU

ICICI Capital, in its analysis, expects Bharti Airtel's Average Revenue Per User (ARPU) to increase by 0.6% quarter-on-quarter. The brokerage also anticipates that the combined 4G and 5G net subscriber additions will remain stable at 6 million. This steady growth in high-value subscribers could be a contributing factor to the company's revenue and profitability improvements.

Analyst Recommendation

Despite the positive outlook, ICICI Capital maintains a Hold rating on Bharti Airtel shares, with a target price of Rs 1,990. This suggests that while the company's performance is expected to be strong, the current market valuation might already reflect much of this anticipated growth.

Key Metrics at a Glance

As Bharti Airtel prepares to release its Q1 FY24 results, investors and industry observers will be keenly watching to see if the company meets these optimistic projections, particularly in light of the ongoing 5G rollout and competitive dynamics in the Indian telecom market.

Bharti Airtel , one of India's leading telecommunications companies, has successfully completed its acquisition of approximately 5% membership interest in Aduna Global Holding LLC, a venture spearheaded by Ericsson. This strategic move, initially announced in October 2024, marks a significant step for Airtel in the global network API marketplace.

Acquisition Details

Aduna Global Holding LLC, formerly known as Ericsson US Dhaulagiri LLC, is a collaborative initiative between Ericsson and global communication service providers. The venture's primary objective is to aggregate and sell network Application Programming Interfaces (APIs) on a global scale, potentially revolutionizing how telecom services are integrated and utilized across various platforms.

Strategic Implications

This acquisition positions Bharti Airtel at the forefront of the evolving telecommunications landscape. By joining Aduna, Airtel gains access to a platform that combines and sells aggregated network APIs worldwide. This move could potentially open new revenue streams and enhance Airtel's service offerings in the increasingly digital and interconnected global market.

Official Confirmation

In a filing to the stock exchanges dated July 29, 2025, Rohit Krishan Puri, Joint Company Secretary & Compliance Officer of Bharti Airtel, confirmed the completion of the investment. The company stated, "We wish to inform you that the investment by the Company in Aduna has been completed."

Industry Collaboration

The Aduna venture represents a significant collaboration in the telecom industry. With Ericsson, a global leader in telecommunications technology, at the helm and participation from major global communication service providers like Airtel, the initiative aims to create a standardized and efficient marketplace for network APIs.

Looking Ahead

While the financial details of the transaction remain undisclosed, this strategic investment by Bharti Airtel is expected to strengthen its position in the global telecom market. As the digital ecosystem continues to evolve, Airtel's participation in Aduna could play a crucial role in shaping the future of network API utilization and distribution.

Investors and industry observers will be keenly watching how this partnership unfolds and its potential impact on Bharti Airtel's service offerings and market position in the coming years.