Telecom Services company Bharti Airtel declares Q3FY22 result: Bharti Airtel posts quarterly revenues of Rs 29,867 crore – up 18.3% YoY on comparable basis, backed by strong and consistent performance delivery across the portfolio India business posts quarterly revenues of Rs 20,913 crore – up 17.9% YoY on comparable basis Mobile services India revenues up 19.1% YoY on comparable basis, led by increase in ARPU Airtel Business revenues up by 13.4% YoY backed by continued strong demand for data portfolio and emerging businesses Homes business continues to have a robust revenue growth, up 40.4% YoY led by strong customer additions Digital TV continues to improve its market position with steady revenue and customer base Consolidated EBITDA at Rs 14,905 crore; EBITDA margin at 49.9% - improvement of 398 bps YoY India business posts EBITDA of Rs 10,407 crore, crossing 10K crore milestone; EBITDA margin at 49.8%; up 458 bps YoY Well balanced portfolio – India non mobile businesses contributes 17.0% to consolidated EBITDA Consolidated EBIT at Rs 6,345 crore; EBIT margin at 21.2% - improvement of 365 bps YoY India EBIT at Rs 3,320 crore; EBIT margin at 15.9% - expansion of 313 bps YoY Consolidated Net income (after Exceptional items) at Rs 830 crore Industry leading operational indicators showcasing strong business momentum 4G customers up by 29.9 Mn YoY & 3.0 Mn QoQ to reach 195.5 Mn, 61% of overall customer base Mobile ARPU increased to Rs 163 in Q3’22 vs Rs 146 in Q3’21 on comparable basis Mobile data consumption up by 33.8% YoY, consumption per customer at 18.3 GB per month Homes business witnessed continual customer net additions, 341 K additions in Q3’22 Digital TV customer base strong at 18.1 Mn in Q3’22 Airtel Payments Bank continues to witness accelerated adoption leading to increase in monthly transacting users by 46 % YoY, thereby expanding revenue and profit margin Pre-payment of Rs 15,519 crore to clear all deferred liabilities for spectrum acquired in 2014, continues to exercise flexibilities towards a stronger and efficient capital structure. Google to invest upto $1 Bn in partnership with Airtel as part of its Google for India Digitization Fund Hughes and Airtel form joint venture, becomes largest Satellite service operator in India. Result PDF