Bharti Airtel raises postpaid tariffs. ICICI Direct targets Bharti Airtel stock at INR 2,350

Published on 10/13/2026 at 10:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q1 FY27 revenue reached INR 585.39 billion, up 18.40 percent year over year. ICICI Direct set INR 2,350 for Bharti Airtel stock on August 6, 2026.

Bharti Airtel raised postpaid tariffs by INR 50 from October 8, 2026, while adding one annual roaming trip.
Q1 FY27 revenue reached INR 585.39 billion, up 18.40 percent year over year.
ICICI Direct retained a Buy rating and set an INR 2,350 target on August 6, 2026.
The company serves more than 650 million customers across South Asia and Africa.

Bharti Airtel, INE397D01024, Illustration mit AI erstellt.

Bharti Airtel (INE397D01024) raised postpaid tariffs by INR 50 on October 7, 2026, while adding one free international roaming trip each year, according to ANI. On August 6, 2026, ICICI Direct retained its Buy rating and set an INR 2,350 target, as reported by DSIJ.

Three dated operating signals

On June 30, 2026, Bharti Airtel reported Q1 FY27 consolidated revenue of INR 585.39 billion, up 18.40 percent year over year, and adjusted profit after tax of INR 80.57 billion, up 35.50 percent, according to TradeAlone.

On August 6, 2026, DSIJ reported that ICICI Direct valued the stock at INR 2,350, compared with its cited market price of INR 1,948, and forecast an ARPU CAGR of 10.00 percent through fiscal 2028.

On October 7, 2026, ANI reported the current tariff change, with the entry-level postpaid plan rising from INR 449 to INR 499 per month. The revised plans became effective on October 8, 2026.

What does the tariff move mean?

The pricing action gives Bharti Airtel a direct monetization lever in postpaid services, but the added roaming benefit raises the value delivered alongside the higher monthly charge. The five-day roaming pack includes 5GB of data, 60 minutes of calls and 25 outgoing SMS, according to ANI.

Revenue growth meets execution risks

For investors, the Q1 FY27 figures show why pricing remains central to the Airtel story: revenue rose 18.40 percent year over year, while adjusted profit after tax increased 35.50 percent. The counterweight is operational execution, as broadband additions in the same quarter fell to 473,000 from 1.12 million, according to DSIJ.

Customer scale supports the thesis

Bharti Airtel describes itself as a communications provider serving more than 650 million customers across 15 countries, with mobile, homes, enterprise, cloud, cybersecurity and digital payment services. Its scale can support further monetization, while the INR 2,350 analyst target keeps valuation and execution tied together rather than treating tariff growth as a standalone catalyst.