Bharti Airtel has reported a robust performance in its Q2 FY25 results, with consolidated revenues reaching ₹41,473 crore, marking a 12.0% year-on-year (YoY) growth and a 7.7% sequential rise. The strong performance is attributed to momentum in India and consistent growth in the Africa market.
Key Highlights:
- India Business Performance:
- Total India Business Revenue: Stood at ₹31,561 crore, a 16.9% YoY and 8.7% QoQ increase, driven by improved realizations in mobile and steady momentum in Airtel Business and Homes segments.
- Mobile Services Revenue: Grew by 18.5% YoY, supported by tariff adjustments, an increase in smartphone data customers, and mix improvement.
- Airtel Business Revenue: Increased by 10.7% YoY, reflecting growth in the domestic portfolio.
- Homes Business Revenue: Up by 17.3% YoY, led by strong customer additions.
- Digital TV Revenue: Increased slightly by 1.0% YoY.
- EBITDA and Margins:
- Consolidated EBITDA: Reported at ₹22,021 crore, with an EBITDA margin of 53.1%.
- India Business EBITDA: Amounted to ₹17,295 crore, with an EBITDA margin of 54.8%, an increase of 86 basis points (bps) YoY.
- EBIT and Profit:
- Consolidated EBIT: Recorded at ₹10,996 crore, with an EBIT margin of 26.5%, a slight decline of 29 bps YoY.
- India Business EBIT: Reached ₹7,894 crore, with a 25.0% EBIT margin, showing a 97 bps YoY increase.
- Net Income: Before exceptional items, Bharti Airtel’s net income rose to ₹3,911 crore, representing a 32.2% YoY growth. After accounting for exceptional items, net income surged to ₹3,593 crore, marking a 168.0% YoY increase.
- Operational Metrics:
- Smartphone Data Customers: Increased by 26.2 million YoY and 4.2 million QoQ, contributing to 75% of Airtel’s mobile customer base.
- Postpaid Net Additions: Added 0.8 million new postpaid customers in Q2 FY25.
- ARPU Growth: Average Revenue Per User (ARPU) rose to ₹233 in Q2 FY25, up from ₹203 in Q2 FY24.
- Data Consumption: Mobile data consumption grew by 22.6% YoY, with an average consumption of 23.9 GB per user per month.
Bharti Airtel’s Q2 FY25 results reflect strong operational and financial growth, driven by strategic initiatives across India and Africa. With steady increases in revenue, profitability, and key operational metrics, Airtel continues to benefit from its expanding customer base and enhanced service offerings, solidifying its market presence.
