Bharti Airtel Q3 Results: Net profit jumps 461% to ₹16,135 crore, revenue rises 19%

Bharti Airtel on Thursday posted a 460.9% increase in its consolidated net profit to ₹16,134.6 crore for the third quarter of the current fiscal (Q3 FY25), up from ₹2,876.4 crore reported in the year-ago period.

The telecom major’s revenue from operations jumped to ₹45,129.3 crore for the reporting quarter, up 19.08% from ₹37,899.5 crore in Q3FY24.

While Bharti Airtel announced its Q3 FY25 earnings post-market hours, the company’s stock ended 2.32% down at ₹1,621.90 apiece on the NSE on Thursday, February 6. The company’s market capitalisation stands at ₹9,24,347.02 crore.

“We delivered another consistent quarter with consolidated revenue of ₹45,129 crore. Indus Towers consolidation is effective this quarter. India revenue (excluding Indus) grew by 4.8% sequentially. Africa maintained a strong constant currency sequential growth trajectory of 5.6%. India mobile delivered strong performance led by residual flow-through of tariff repair and underlying levers of premiumization," said Gopal Vittal, Vice-Chairman and MD of Bharti Airtel, in a company press release.

He added, "We reported another quarter of industry-leading ARPU growth to reach ₹245. We added 6.5 million smartphone users underpinned by our focus on acquiring quality customers and portfolio premiumization. Homes business saw further step up in customer additions with the acceleration of FWA expansion."

Bharti Airtel Q3: Key highlights

• The company’s consolidated earnings before interest, taxes, depreciation and amortisation (EBITDA) stood at ₹24,880 crore, while the EBITDA margin was at 55.1%.

• Its consolidated net income (before Exceptional items) grew by 121.3% to ₹5,514 crore.

• Revenues of mobile services in India rose by 21.4% year-on-year (YoY), led by tariff repair, strong smartphone customer additions and underlying mix improvement, the release noted.

• Airtel Business revenues of the company were up by 8.7% YoY, while Digital TV revenues grew by 2.9% YoY.

• Revenues from the company’s Indian business increased to 34,654 crore, up 24.6% YoY. EBITDA for this business was up by 32.3% YoY to ₹19,850 crore and the EBITDA margin was at 57.3%.

• While the total customer base of the company stood at nearly 58 crore across 15 countries, its customer base from the Indian business was at 41 crore.