Bharti Airtel on Monday reported a consolidated internet revenue of Rs 759 crore for the quarter ended March 31, 2021 (Q4FY21). The corporate posted a lack of Rs 5,237 crore throughout the identical interval, a 12 months in the past.
Sequentially, the consolidated internet revenue declined 11 per cent. It was Rs 853 crore within the December quarter. (Q3FY21)
Its income from operations rose 12 per cent to Rs 25,747 crore for the March quarter. It was Rs 23,018 crore within the year-ago interval.
The corporate’s consolidated EBITDA stood at Rs 12,583 crore for the quarter below overview, whereas EBITDA margin got here in at 48.9 per cent, an enchancment of 647 bps year-on-year.
Cell common income per consumer (ARPU) noticed a dip on quarter-on-quarter foundation throughout the March quarter to Rs 145. It was Rs 166 in Q3FY21.
“Relentless deal with buyer obsession that has allowed us to ship one other constant quarter when it comes to efficiency. Our cellular revenues grew at 19.1 per cent YoY backed by 13.7 million 4G buyer additions. We’re seeing robust momentum in our houses enterprise with 274,000 internet provides. The Enterprise phase delivered double digit development. Our digital belongings proceed to scale and we’re starting to see robust traction in monetisation of those belongings,” mentioned Gopal Vittal, MD and CEO of Bharti Airtel.
Commenting on the challenges posed by the second wave of coronavirus, Vittal mentioned: “We acknowledge the criticality of our function as a telecom operator in protecting our prospects and nation linked in such instances. Our focus continues to be on delivering uninterrupted providers and nice finish consumer expertise whereas guaranteeing security of our staff and companions.”
The revenues from India enterprise have been up 17.5 per cent year-on-year at Rs 18,338 crore. In the meantime, revenues from cellular providers rose 19.1 per cent YoY, led by robust buyer additions.
Forward of the outcomes, Airtel’s scrip traded decrease by 2.25 per cent to shut at Rs 547.80 apiece on NSE.