Bharti Airtel shares fell 3% after promoter ICIL sold a 1.2% stake via a block deal; strong Q1 results cushioned sentiment.

• Q1 FY26 net profit rose 43% YoY to ₹5,948 crore, driven by strong India growth and African business recovery.
• Revenue from operations jumped 29% YoY to ₹49,463 crore, with EBITDA margin at 56.9% amid a higher ARPU of ₹250.
• ICIL’s third stake sale since Nov 2024 saw 6.7 crore shares change hands; promoter holding stood at 51.25%.