Bharti Airtel Limited, one of India’s leading telecom providers, has reported robust financial performance for the third quarter (Q3) of the fiscal year ending December 31, 2024. The company recorded a 13% year-on-year (YoY) increase in total revenues, reaching ₹468,780 million, driven by strong growth in mobile services, enterprise solutions, and data center operations.
Key Financial Highlights:
- Total Revenue: ₹468,780 million, up 13% YoY
- EBITDA: ₹290,567 million, reflecting a 30% YoY rise
- Net Profit (before exceptional items): ₹54,937 million, a 113% YoY jump
- Capex Spending: ₹91,608 million, marking a 23% decline as Airtel optimized investments
Operational Milestones
Airtel’s data center business, Nxtra, became the first in India to deploy AI-driven operational excellence, enhancing efficiency and reliability. Additionally, the company partnered with cybersecurity firm Zscaler to launch ‘Airtel Secure Digital Internet,’ India’s first fully managed zero-trust security architecture.
In a major customer-centric move, Airtel’s anti-spam initiative now identifies and blocks over 1 million unique spam callers daily, providing users with an improved and secure mobile experience.
Airtel’s market capitalization surged to ₹9,508 billion, reflecting strong investor confidence. The telecom giant continues to focus on expanding 5G services, strengthening enterprise solutions, and leveraging AI-powered innovations.
With a customer base of 576.9 million across India and Africa, Airtel remains a dominant player in the global telecom sector. The company aims to further enhance its digital and connectivity solutions in the upcoming quarters.
