Bharti Airtel, one of India's leading telecom companies, saw a 5% surge in its shares after reporting a significant jump in profits for the third quarter of the fiscal year 2025. This comes after the company sold its stake in Firefly to iBus for 4.5 crore rupees and was named the top network performer in Tamil Nadu in a report released by TRAI. With their profit increasing five-fold to 16,134 crore rupees in Q3, Bharti Global, which recently acquired a 24.5% stake in British Telecom, has appointed Airtel's Gopal Vittal as the new Acting GSMA Chair. In addition, Airtel has also awarded Ericsson a multi-year 4G and 5G deal and has cleared their spectrum dues worth 3,626 crore rupees, contributing to the overall surge in Sensex and Nifty.
Airtel's Remarkable Surge: A Deep Dive into the Company's Success
Bharti Airtel, India's leading telecommunications giant, has recently witnessed a remarkable surge in its stock value, driven by a surge in profits and a series of strategic moves. This article takes a deeper dive into the company's trajectory, highlighting its background and addressing key frequently asked questions.
Background
Bharti Airtel, headquartered in New Delhi, India, is a subsidiary of Bharti Enterprises. Founded in 1995, the company has established itself as one of the largest telecommunications service providers in the world, offering a comprehensive range of services, including mobile, broadband, and digital payments. Airtel has a significant presence in India, Africa, and Southeast Asia.
Surge in Profits
In the third quarter of the fiscal year 2025, Bharti Airtel reported a significant jump in profits, with a five-fold increase to 16,134 crore rupees. This surge was attributed to strong growth in mobile data usage, increased demand for broadband services, and cost optimization measures implemented by the company.
Strategic Moves
In addition to its financial performance, Airtel has also made several strategic moves that have contributed to its success. These include:
Top 5 FAQs
1. What factors drove Airtel's surge in profits in Q3 of FY2025?
2. What strategic moves has Airtel made to enhance its position?
3. How has Airtel contributed to the surge in Sensex and Nifty?
4. What is the current market capitalization of Airtel?
5. What are the future growth prospects for Airtel?
According to recent reports, India's trade deficit has expanded to $22.99 billion in January 2025, surpassing market expectations of $21.0 billion. This marks a significant increase from December 2024's $21.94 billion deficit and January 2024's $16.56 billion deficit. The rise in the trade gap can be attributed to a decrease in exports and a slight increase in imports, amidst global economic uncertainty. While the oil and gold deficit has decreased, the non-oil, non-gold deficit has contributed significantly to the overall trade gap. As oil prices continue to rise, close monitoring of global economic developments will be crucial in shaping India's trade outlook.
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The Hyderabad Metro's expansion plans are making swift progress, with detailed project reports (DPRs) for the Medchal, Shamirpet, and Shamshabad Airport-Future City corridors expected to be submitted to the government by the end of March. The managing director of Hyderabad Metro Rail Limited (HMRL) N V S Reddy revealed that critical traffic surveys and soil testing for these routes are on track for completion in February. He emphasized the importance of three crucial studies in preparing the DPRs: traffic surveys, soil testing, and environmental impact assessment.
The Ministry of Heavy Industries has awarded a 10 GWh capacity under the Production Linked Incentive Scheme for Advanced Chemistry Cell Battery Storage to Reliance New Energy Battery Limited, a subsidiary of Reliance Industries Limited. The signing of the Programme Agreement marks another milestone in the implementation of India's National Programme on Advanced Chemistry Cell Battery Storage. With this latest allocation, a total of 40 GWh capacity has been awarded to four beneficiary firms, bringing India closer to achieving its goal of 50 GWh domestic manufacturing capacity.
Subbah, a homegrown Indian brand, is redefining the fashion industry by honouring India's textile heritage through traditional handloom techniques. Their commitment to ethical craftsmanship and environmental responsibility shines through every garment, which is rooted in the Hindi word for "a new morning." From the meticulous process of creating khadi to the application of signature designs and prints, each step in Subbah's production is a collaborative effort with skilled artisan clusters of West Bengal. Not only does this preserve traditional crafts, but it also provides fair wages and safe working conditions. Subbah's mission aligns with the growing movement towards greater sustainability and ethical practices in the fashion industry.
Elon Musk's social media company X is rumored to be in talks with investors to raise money at a record-breaking valuation of $44 billion. This comes after Musk famously bought X, previously known as Twitter, for the same price in 2022. While discussions are ongoing, the company may choose to abandon the talks altogether. Meanwhile, X has yet to respond to requests for comment and reports have emerged that major banks may soon sell up to $3 billion of debt holdings in X.
The Jawaharlal Nehru Port Authority (JNPA) has signed a MoU with NMDC Group PJSC for the development of the greenfield Vadhvan Port in Maharashtra's Palghar district. The agreement will see NMDC Group investing Rs 21,000 crore towards dredging, reclamation, and shore protection for the upcoming port project. The project, spearheaded by VPPL, holds a promise to establish one of the top-10 ports globally and a port of the future with NMDC Group's investment.
In a big development, Bharti Airtel's promoter, Indian Continent Investment Limited, has sold 0.84% stake in the telecom giant for ₹8,475 Crore in a block deal. This comes after the promoter entity had already offloaded 1.20% stake to Bharti Telecom. This move further reduces the promoter's stake in the company, which now stands at 3.31%. On the other hand, Bharti Telecom's stake in Airtel has increased to 40.47%. Airtel also announced securing a new submarine cable in Chennai.