Medilytix Bureau:
Bharti Airtel on Monday reported an 89.1 per cent year-on-year (YoY) rise in consolidated net profit at Rs 2,145.20 crore compared with Rs 1,134 crore in the corresponding quarter last year.
Revenue for the quarter rose 21.9 per cent YoY to Rs 34,526.80 crore compared with Rs 28,326.40 crore in the same quarter last year. In a filing to BSE, the telecom operator said the revenue growth was driven by strong and consistent performance delivery across its portfolio. The global customer base crossed the 50 crore level during the quarter, Bharti Airtel said.
Ebitda for the quarter came in at Rs 17,721.20 crore, up 26 per cent YoY. Ebitda margin for the quarter stood at 51.3 per cent, up 18 basis points over 49.5 per cent in the year-ago quarter.
Mobile average revenue per user (ARPU) for the quarter rose to Rs 190 in the quarter compared with Rs 153 in the same quarter last year.