Bharti Hexacom Limited announced strong financial performance in Q2 FY25 with substantial growth across key metrics:
- Revenue from Operations: The company posted revenue of ₹2,098 crore, marking a year-on-year growth of 20.7% and a quarter-on-quarter increase of 9.8%. This growth was driven by an improvement in mobile service tariffs, a rise in smartphone customer additions, and a favorable mix of services.
- Mobile Services and Homes & Office Business: Mobile services revenue saw a significant 20.0% YoY growth, fueled by tariff revisions and a strong influx of smartphone customers. The Homes and Office business also showed remarkable expansion, with revenue increasing by 19.8% YoY, supported by robust customer acquisitions. This segment recorded its highest-ever quarterly addition of 30,000 customers.
- EBITDA and Margins: Bharti Hexacom’s EBITDA stood at ₹1,046 crore, with an EBITDA margin of 49.9%, up by 46 basis points (bps) YoY. This reflects the company’s efficiency in maintaining profitability despite a competitive market landscape.
- EBIT: EBIT was recorded at ₹510 crore, with an EBIT margin of 24.3%, a slight decline of 24 bps YoY, indicating steady operational performance.
- Net Profit: The net income before exceptional items rose to ₹253 crore, reflecting a 13.5% YoY increase from ₹223 crore in the previous year. After exceptional items, net profit remained steady at ₹253 crore, a significant improvement from a loss of ₹184 crore YoY.
- Operational Highlights:
- Smartphone data customers grew by 2.1 million YoY.
- Mobile ARPU increased to ₹228 in Q2 FY25 from ₹196 in Q2 FY24.
- Mobile data consumption saw a substantial 29.7% YoY growth, reaching an average of 25.9 GB per user per month.
- The Homes and Office business recorded robust momentum with 30,000 customer net additions for the quarter.
These results reflect Bharti Hexacom’s strategic focus on expanding its customer base, enhancing service mix, and optimizing operational efficiency. The company remains well-positioned to continue its growth trajectory in a competitive telecom market.
