Bharti Airtel’s integrated net profit in the third quarter of the current financial year increased to Rs 16,134.6 crore. The company reported to the stock market on Thursday that it had a net profit of Rs 2,876.4 crore in the same quarter of the last financial year. The country’s second largest telecom company reported to the stock market that the company’s operational income was Rs 45,129.3 crore in the third quarter of the current financial year, which was Rs 37,899.5 crore in the same quarter of the previous financial year.
One of the country’s legendary telecom companies, Bharti Airtel announced its results of the first quarter of the current financial year on Monday, August 5. In the first quarter ended June 30, 2024, the company made a bumper profit of more than 2.5 times. In Q1Fy25, Bharti Airtel’s consolidated net profit increased by 158 per cent to Rs 4,160 crore. It was Rs 1612.5 crore in the same period of a year ago.
Bharti Airtel’s total earnings (consolidated revenue from operation) increased by 2.8 per cent to Rs 38,506.4 crore in this quarter, which was Rs 37,440 crore in the same quarter last year. Airtel’s earnings in India increased by 10.1 percent to Rs 29,046 crore on an annual basis. Bharti Airtel’s average revenue per customer (ARPU), which is an important measure, increased to Rs 211 in the quarter, compared to Rs 200 in the same period last year.
The 4G/5G data of the telecom operator in the first quarter increased by 2.97 crore on an annual basis and 67 lakhs on a quarterly basis, which is 73 per cent of the total mobile customer base. At the same time, 8 lakh customers joined through postpaid. Mobile data consumption has increased by 26 per cent annually, per customer consumption is 23.7 GB per month. In the first quarter, the company’s Ebitda was Rs 19,944 crore, which was 1 percent more on a annual basis. The Ebitda margin was 51.8 per cent, which was decreasing 90 per annum.
Bharti Airtel Limited is a leading global telecom company. Along with the headquarters in New Delhi, Airtel is the most reliable provider of ICT services through a global network spread in America, Europe, Africa, Middle East, Asia-Pacific, India and SAARC regions. Based on the number of customers, Airtel Telecom is among the world’s top 3 mobile service providers. Diverse products are delivered to Airtel Digital Services through portfolio and 3,65,000+ RKM submarine cables and satellite networks spread over 50 countries and 5 continents.