Bharti Airtel Q4 net surges 77% to ₹5,223 crore


For FY25, the net profit surged 55% to Rs. 17,572 crore while revenue grew 15% to Rs. 1,72,985 crore. 

For FY25, the net profit surged 55% to Rs. 17,572 crore while revenue grew 15% to Rs. 1,72,985 crore. 
| Photo Credit: ANUSHREE FADNAVIS

Bharti Airtel for the fourth quarter ended March 31 reported 77% growth in consolidated net profit to Rs.5,223 crore as compared with Rs 2,952 crore in the year-earlier period.

For the quarter, consolidated revenue grew 27% to Rs. 47,876 crore.

For FY25, the net profit surged 55% to Rs. 17,572 crore while revenue grew 15% to Rs. 1,72,985 crore. 

Gopal Vittal, Vice- Chairman and MD, said, “We ended FY25 on a strong note. India revenue increased by 6%. Africa continued its underlying performance even as there was steadiness on currency. India Mobile business grew by 1.3% sequentially, despite having 2 less days in the quarter.” 

“Growth was driven by premiumisation. We added 6.6 million smartphone users and maintained an industry-leading ARPU of Rs. 245,” he said.

“Our balance sheet is solid, supported by strong cash generation, disciplined capital spending, and ongoing debt reduction. We prepaid Rs. 5,985 crore of high-cost spectrum dues in the last quarter with prepayment of over Rs42,000 crore in last two years,” he added.



Source link

  • Related Posts

    Lupin, China’s SUP ink pact for COPD drug Tiotropium DPI

    Lupin has signed a license and supply agreement with Sino Universal Pharmaceuticals (SUP) for commercialisation of chronic obstructive pulmonary disease drug Tiotropium Dry Powder Inhaler, 18 mcg/capsule, in the Chinese…

    Continue reading
    India to export 150 locomotives to Africa worth over ₹3,000 crore

    “These locomotives are fitted with Distributed Power Wireless Control System, or DPWCS, for synchronised operations and superior freight handling,” a Railways Ministry spokesperson said. Photo: https://www.wabteccorp.com/ India will supply 150…

    Continue reading

    Leave a Reply

    Your email address will not be published. Required fields are marked *