Bharti Hexacom’s shares fell 3.57% in early trading today to ₹1,410.90, despite reporting a net profit of ₹253 crore for Q2 FY25, a recovery from a loss of ₹184 crore in the same period last year. This growth was driven by tariff repair, which led to an increase in average revenue per user (ARPU) and smartphone customer additions.
Key Financial Highlights:
- Net Profit: ₹253 crore, up from a loss of ₹184 crore YoY, but down 50.5% sequentially.
- Revenue: ₹2,098 crore, up 20.7% YoY.
- Mobile Revenue: Grew 20% YoY, supported by premiumisation strategy and quality customer focus.
- ARPU: Reached ₹228, up from ₹196 YoY.
- EBITDA: ₹1,046 crore, reflecting a 21.8% YoY growth; EBITDA margin improved to 49.9%.
- EBIT: Increased 19.5% YoY to ₹510 crore.
Operational Developments:
- Data Traffic: 1,524 PBs, a 29.7% YoY growth.
- Network Expansion: Added 200 towers and 407 mobile broadband base stations in Q2.
- Spectrum: Deployed an additional 15 MHz purchased in June 2024.
The company’s focus on ARPU improvement and expanding smartphone customer base added 2.1 million new smartphone data customers, a growth of 11.3% YoY. Operating under the Airtel brand, Bharti Hexacom provides telecom services in Rajasthan and Northeast India, strengthening its network to enhance connectivity in these regions.
