Telecom major Bharti Airtel is all set to announce its financial results for the quarter ended on March 31, 2026, on Wednesday, 13 May.

Ahead of the announcement, Bharti Airtel share price rose nearly 2% to ₹1,791 apiece on Wednesday. The stock opened at ₹1,740.50 apiece today, as compared to the previous close of ₹1,756.90 on Tuesday.

The telecom stock has largely remained negative in the near-term as it has fallen over 5% in a month and 15.50% on a year-to-date (YTD) basis. However, the stock has delivered multibagger returns of 125% in three years and 221% in five years.

Bharti Airtel Q4 results 2026 preview

Seema Srivastava, Senior Research Analyst at SMC Global Securities believes that the telecom major is expected to report a healthy Q4 performance driven by continued ARPU improvement, rising 5G monetisation, premium subscriber additions, and stable growth in the India mobile business along with consistent performance from Africa operations.

Srivastava noted that revenue growth is likely to remain strong supported by improving data consumption, expanding home broadband and enterprise services, and tariff hike benefits. Meanwhile, EBITDA margins are expected to stay stable aided by operating leverage and improving customer mix despite elevated 5G investments and capex.

On the other hand, brokerage firm Motilal Oswal Financial Services expects the company to report 1.6% quarter-on-quarter growth in consolidated revenue, supported by strong performance in its Homes and Africa businesses, although partially impacted by two fewer days during the quarter.

The brokerage also forecasts 1.5% QoQ growth in consolidated EBITDA, driven by healthy contributions from the Homes, Passive Infrastructure, and Africa segments.

“India wireless revenue and EBITDA are likely to see modest growth of around 0.8% QoQ due to two fewer days in the quarter. We expect wireless ARPU at ₹258, down 0.4% QoQ, along with 4 million/6 million paying wireless and 4G-5G net additions,” the firm said.

Bharti Airtel share price: Should you buy ahead of Q4 results?

According to Srivastava, the company’s strong execution, premiumisation strategy, and improving profitability outlook make the stock attractive for medium to long-term investors.

She further explained that near-term volatility cannot be ruled out as valuations remain elevated and key monitorables include management commentary on ARPU trajectory, subscriber additions, capex plans, 5G monetisation pace, and Africa business performance.

“In line with that, Bharti Airtel appears well-positioned for long-term investors. Continued ARPU improvement, rising 5G monetisation, strong premium subscriber additions, and steady growth in broadband and enterprise services are likely to support revenue and earnings momentum,” she said.

Overall, Airtel remains fundamentally strong with favourable industry dynamics, making the stock attractive for investors with a medium to long-term horizon, though short-term volatility around results cannot be ruled out, she added.

Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.