<p>Bengaluru: Bharti Airtel on Tuesday posted a consolidated net profit of Rs 11,021.8 crore for the January to March quarter (Q4) of financial year 2024-25 (FY25), which was a five-fold jump over what it scored (Rs 2,161 crore) in the year ago period. However, sequentially, it was down about 25.3 per cent.</p><p>The performance far outshined the analysts' average expectation of Rs 6,524 crore, according to data compiled by LSEG. In fact, the company’s consolidated net profit before exceptional items was Rs 5,223 crore for the quarter.</p><p>As per the company’s exchange filing, “The exceptional gain includes tax benefit of Rs 5,913.3 crore arising from the recognition of unrecognised deferred tax assets on tax losses. The benefit allocated to non-controlling interest on the recognition is Rs 26.5 crore.”</p><p>“We prepaid Rs 5,985 crore of high-cost spectrum dues in the last quarter with prepayment of over Rs 42,000 crore in the last two years,” said Gopal Vittal, Vice-Chairman and Managing Director, in a statement.</p><p>The telecom major posted quarterly revenues of Rs 47,876 crore, marking a rise of 27.3 per cent year-on-year (YoY). This is less than analysts' estimate of Rs 48,747 crore.</p><p>The company attributed revenue rise to strong underlying momentum in India, rebound in reported currency revenue growth in Africa, and full quarter impact of its unit Indus Towers which it began consolidating last year.</p><p>Its India business posted quarterly revenues of Rs 36,735 crore, up 28.8 per cent YoY. Its mobile services segment in India showed higher YoY revenue by 20.6 per cent, led by tariff repair and focus on premiumising the firm’s portfolio. Telecom firms including Airtel had hiked tariffs in July 2024, which they are continuing to benefit from.</p><p>The company’s mobile average revenue per user (ARPU), a key metric for telecoms, increased to Rs 245 in Q4 FY25, up 17.3 per cent from Rs 209 in Q4 FY24. Its customer base too grew to 4.24 lakh in the quarter, up from 4.09 lakh in the year-ago period (for India and South Asia).</p><p>Airtel Business revenues were down 2.7 per cent YoY, impacted by portfolio transformation in line with their strategic goal to eliminate low-margin business, as per a note by the company.</p><p>The firm’s consolidated earnings before interest, taxes, depreciation, and amortisation (EBITDA) was at Rs 27,404 crore, up 22 per cent YoY.</p>
<p>Bengaluru: Bharti Airtel on Tuesday posted a consolidated net profit of Rs 11,021.8 crore for the January to March quarter (Q4) of financial year 2024-25 (FY25), which was a five-fold jump over what it scored (Rs 2,161 crore) in the year ago period. However, sequentially, it was down about 25.3 per cent.</p><p>The performance far outshined the analysts' average expectation of Rs 6,524 crore, according to data compiled by LSEG. In fact, the company’s consolidated net profit before exceptional items was Rs 5,223 crore for the quarter.</p><p>As per the company’s exchange filing, “The exceptional gain includes tax benefit of Rs 5,913.3 crore arising from the recognition of unrecognised deferred tax assets on tax losses. The benefit allocated to non-controlling interest on the recognition is Rs 26.5 crore.”</p><p>“We prepaid Rs 5,985 crore of high-cost spectrum dues in the last quarter with prepayment of over Rs 42,000 crore in the last two years,” said Gopal Vittal, Vice-Chairman and Managing Director, in a statement.</p><p>The telecom major posted quarterly revenues of Rs 47,876 crore, marking a rise of 27.3 per cent year-on-year (YoY). This is less than analysts' estimate of Rs 48,747 crore.</p><p>The company attributed revenue rise to strong underlying momentum in India, rebound in reported currency revenue growth in Africa, and full quarter impact of its unit Indus Towers which it began consolidating last year.</p><p>Its India business posted quarterly revenues of Rs 36,735 crore, up 28.8 per cent YoY. Its mobile services segment in India showed higher YoY revenue by 20.6 per cent, led by tariff repair and focus on premiumising the firm’s portfolio. Telecom firms including Airtel had hiked tariffs in July 2024, which they are continuing to benefit from.</p><p>The company’s mobile average revenue per user (ARPU), a key metric for telecoms, increased to Rs 245 in Q4 FY25, up 17.3 per cent from Rs 209 in Q4 FY24. Its customer base too grew to 4.24 lakh in the quarter, up from 4.09 lakh in the year-ago period (for India and South Asia).</p><p>Airtel Business revenues were down 2.7 per cent YoY, impacted by portfolio transformation in line with their strategic goal to eliminate low-margin business, as per a note by the company.</p><p>The firm’s consolidated earnings before interest, taxes, depreciation, and amortisation (EBITDA) was at Rs 27,404 crore, up 22 per cent YoY.</p>