Bharti Airtel Share Price Falls After ₹12,563 Cr Equity Block Deal

Market Performance

Bharti Airtel share price witnessed a dip in early trade on Friday, August 8, following a significant equity transaction.

• The stock fell 2.64% to ₹1,871.9 per share at 9:30 AM.
• Despite the decline, the stock has gained 17.3% year-to-date.

Major Block Deal Triggers Share Movement

A massive block deal involving 6.7 crore shares, representing 1% equity of Bharti Airtel Ltd., took place on the bourses.

• The total value of the transaction stood at ₹12,563 crore.
• As per reports, a promoter entity initiated the deal to offload 0.8% equity for ₹9,310 crore.
• The block deal was reportedly priced with a floor rate of ₹1,862 per share.
• A 90-day lock-in period is applicable under the transaction terms.

Company Details

Bharti Airtel Ltd. is one of India’s leading telecom service providers.

As per the June quarter shareholding data:

• Bharti Telecom Ltd., the promoter, holds a 40.47% stake.
• Indian Continent Investment Ltd. and Pastel Ltd. hold 2.47% and 8.32%, respectively.

Financial Performance Overview

Revenue

• Bharti Airtel reported a consolidated revenue of ₹49,462 crore in the June quarter.
• This marks a 3.3% increase from the previous quarter's ₹47,876.2 crore.

EBITDA

• EBITDA for the quarter stood at ₹27,839 crore.
• This figure was above estimates and reflected a 3.1% rise from ₹27,008.8 crore in the March quarter.

EBITDA Margins

• EBITDA margin slightly contracted to 56.3%, compared to 56.4% in the previous quarter.

Net Profits

• Bharti Airtel registered a consolidated net profit of ₹5,948 crore in the first quarter of FY26.
• On a sequential basis, this was a 46% decline from ₹11,021.8 crore in the March quarter.

Summary of the Article

Bharti Airtel share price dropped after a high-value equity block deal involving ₹12,563 crore worth of shares. A promoter group offloaded 0.8% stake, triggering short-term volatility. Despite the drop, Airtel remains strong in terms of revenue and EBITDA growth. However, net profit showed a notable sequential decline. Investors reacted to the developments, causing intraday fluctuations in Bharti Airtel’s share price.