Bharti Airtel Ltd (Airtel) is a leading global telecommunications company with operations in 15 countries, including Asia and Africa. Consolidated revenue grew 19.1% YoY to Rs. 45,129cr in Q3FY25, led by growth in revenue from India, constant currency growth in Africa, and the consolidation of Indus Tower Ltd with effect from November 2024. Average revenue per user (ARPU) was reported at Rs. 245 in QThirdFY25 compared with Rs. 208 in Q thirdFY24. EBITDA rose 21.4% Yoy to £24,597cr, aided by higher topline and drop in other expenses. We reiterate our BUY rating on the stock, with a rolled-forward target price of Rs. 1,815 based on the Sum Of The Parts (SOTP) methodology. The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Money control.com advises users to check with certified experts before taking any investment decisions.