Bharti Hexacom Limited reported strong financial growth for the third quarter of FY25, with total revenues reaching ₹2,251 crore, reflecting a 25.0% year-on-year (YoY) increase. The company’s net profit (before exceptional items) surged 70.8% YoY to ₹363 crore, driven by a rise in mobile service revenues and strong growth in its Homes and Office business segment.
Key Financial Highlights (Q3 FY25)
- Total revenue: ₹2,251 crore (up 25.0% YoY, up 7.3% QoQ).
- EBITDA: ₹1,194 crore (up 38.5% YoY); EBITDA margin: 53.0% (expanding 516 bps YoY).
- EBIT: ₹662 crore (up 54.3% YoY); EBIT margin: 29.4%.
- Net income (before exceptional items): ₹363 crore (up 70.8% YoY).
- Net income (after exceptional items): ₹261 crore (up 22.7% YoY).
- Capex for the quarter: ₹283 crore.
Growth Drivers & Market Performance
- Mobile services revenue grew 25.5% YoY, driven by tariff revisions, premium customer additions, and increased data consumption.
- ARPU (Average Revenue Per User) increased to ₹241 in Q3 FY25, up from ₹200 in Q3 FY24, reflecting industry-leading ARPU growth.
- Mobile data consumption per user rose to 26.2 GB per month, marking a 25.3% YoY increase.
- The Homes and Office business continued its strong growth trajectory, with revenue up 18.7% YoY, adding 44,000 net customers in Q3—the highest in any quarter.
- The company expanded its network by adding 163 new towers and 433 mobile broadband base stations.
Operational Strength & Outlook
- Bharti Hexacom’s customer base grew to 28.01 million, up 3.5% YoY.
- Net debt (excluding lease obligations) to EBITDAaL ratio stood at 1.03 times, showcasing the company’s strong financial position.
- The company continues to expand its home broadband and fiber-to-the-home (FTTH) services, leveraging partnerships with local cable operators.
With industry-leading growth in ARPU and a strong financial foundation, Bharti Hexacom remains well-positioned to capitalize on rising data demand and increasing smartphone penetration.
