The stock of telecom company Bharti Airtel is trading with a decline today (29 October, Tuesday). The company has released the results of the second quarter of the financial year 2025 i.e. July-September quarter a day ago, after which the stock has now slipped to a low of about a month. However, the operational performance of the company is stable. The company is currently undergoing a change in management.

Gopal Vittal will step down as the Managing Director and CEO of the company from January 1, 2026. However, he will take additional charge as Vice Chairman. The current COO of the company, Shashwat Sharma, will take over as the new CEO. Profit reduced due to one-time loss In the July-September quarter, the company has released the results as per estimates. In the second quarter, Bharti Airtel's net profit increased by 168% year-on-year to ₹ 3,593 crore. This growth in Bharti Airtel's profit has been seen after improvement in average revenue per user i.e. ARPU and increase in the number of subscribers. However, the company's PAT has come down due to one-time loss. Forex loss has been suffered due to currency devaluation in Africa. Talking about growth income in ARPU, it also increased by 12% year-on-year to ₹ 41,473 crore. This growth in income has been seen due to strong momentum in the Indian business and the continuation of African constant currency growth. The company's ARPU has increased to ₹233 as compared to ₹203 in the same quarter last year. It was at ₹211 in the previous quarter. Outlook of global brokerage firms After the results, global brokerage firm UBS has set a target price of ₹1,595 per share while keeping a Neutral opinion on this stock. Analysts of this brokerage firm say that Bharti Airtel's consolidated income and EBITDA in the second quarter were as per estimates. Income from the Indian mobile business has increased by 10.3% on a quarter-on-quarter basis. The recent increase in tariff has benefited. But, the performance of home broadband, African business and enterprise segment has been slightly better than expected. Whereas, a decline has been seen in the digital TV business. PAT was 21% less than the estimate. Another brokerage firm Citi has set a target price of ₹1,950 per share with a Buy rating on Bharti Airtel. Analysts of this brokerage firm say that the total customer base of the company has reached 563 million in 15 countries. The company has 407 million customers in India and 157 million in Africa. Mobile data consumption of Indian customers has increased by 22.6%. The average monthly usage has reached 23.9 GB.