Airtel Q3FY26 Preview: Revenue may rise 18% on-year, ARPU likely to reach ₹258

Bharti Airtel is expected to post about 18% year-on-year revenue growth in Q3FY26, with its India wireless business remaining the main driver. Analysts say the company should benefit from continued upgrades from 2G to 4G and the addition of higher-value subscribers, which together are likely to lift average revenue per user (ARPU) to around ₹258.

Brokerage views broadly line up on the earnings direction: steady ARPU gains, backed by better-quality customers rather than just more connections, are seen supporting Airtel’s topline. The focus stays on how far this ARPU trend can run, as it will largely determine the strength and durability of the company’s growth in the coming quarters.