Telecom Services company Bharti Airtel announced consolidated Q1FY24 results: Overall customer base stands at ~529 million across 16 countries Total revenues at Rs 37,440 crore, up 14.1% YoY EBITDA at Rs 19,746 crore, up 18.9% YoY; EBITDA margin at 52.7%, expansion of 212 bps YoY EBIT at Rs 10,079 crore, up 29.0% YoY; EBIT margin at 26.9%, expansion of 310 bps YoY Net Income (before exceptional items) at Rs 2,902 crore Net income (after exceptional items) at Rs 1,612 crore Capex for the quarter at Rs 10,486 crore In a statement, Gopal Vittal, MD, said, “We have delivered yet another quarter of strong and competitive growth across all our businesses. Our consolidated revenue grew sequentially by 4.0%, and the EBITDA margin expanded to 52.7%, underscoring the simplicity and execution of our strategy. Our focus on winning quality customers and driving premiumization has helped us add 5.6 million new 4G customers and the highest-ever postpaid customers in any one quarter. We exit the quarter with an industry-leading ARPU of Rs 200. Homes, enterprises, and our digital businesses continue to exhibit strong growth momentum, reflecting the resilience and strength of our overall portfolio. We continue to make strides on our ESG agenda and in leading the charter in India for sustainable practices” Result PDF