Bharti Airtel Q3FY22 Results: Revenue jumps 18% YoY, profit at Rs 830 cr; margins, ARPU improve

It further added that the consolidated EBITDA (earnings before interest, taxes, depreciation, and amortization) came at Rs 14,905 crore, EBITDA margin at 49.9 per cent, up 398 basis points YoY.

According to release, 4G customers surged by 29.9 million YoY and 3 million sequentially: PTI

Telecom major Bharti Airtel reported healthy third quarter earnings in the financial year 2021-22 (Q3FY22). The company’s both top and bottom-line reported year-on-year (YoY) growth, while margins and ARPU (average revenue per user) improved during the quarter.

As per the company’s earnings release filed to the exchanges, “Bharti Airtel posted consolidated revenue of Rs 29,867 crore, up 18.3 per cent YoY, backed by strong and consistent performance delivery across the portfolio, while Consolidated Net income (after Exceptional items) at Rs 830 crore in Q3FY22.”

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It further added that the consolidated EBITDA (earnings before interest, taxes, depreciation, and amortization) came at Rs 14,905 crore, EBITDA margin at 49.9 per cent, up 398 basis points YoY.

In-line with Zee Business expectations, Mobile ARPU increased to Rs 163 in Q3FY22 as against Rs 146 in Q3FY21 on YoY comparable basis, the company said, adding further that Mobile services India revenues up 19.1 per cent YoY on comparable basis, led by increase in ARPU.

According to release, 4G customers surged by 29.9 million YoY and 3 million sequentially to reach 195.5 million, up 61 per cent of overall customer base, and mobile data consumption grew by 33.8 per cent YoY, consumption per customer at 18.3 GB per month.

It said, “Pre-payment of Rs 15,519 crore to clear all deferred liabilities for spectrum acquired in 2014, continues to exercise flexibilities towards a stronger and efficient capital structure.”

It also added that search engine giant Google to invest up to $1 billion in partnership with Airtel as part of its Google for India Digitization Fund, similarly, Hughes and Airtel form joint venture, becomes largest Satellite service operator in India.

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