Telecom Services company Bharti Airtel announced Q2FY25 results Bharti Airtel posts quarterly revenues of Rs 41,473 crore – up 12.0% YoY, up 7.7% QoQ, driven by strong momentum in India and sustained constant currency growth in Africa. India business posts quarterly revenues of Rs 31,561 crore – up 16.9% YoY, up 8.7% QoQ, backed by improved realizations in mobile segment and sustained momentum in Homes and Airtel Business. Mobile services India revenues up 18.5% YoY, led by tariff repair, strong smartphone data customer additions and underlying mix improvement. Airtel Business revenues up 10.7% YoY, led by growth in domestic portfolio. Homes business continues on growth momentum, revenues up 17.3% YoY led by strong customer additions. Digital TV revenues up 1.0% YoY. Consolidated EBITDA at Rs 22,021 crore; EBITDA margin at 53.1%. India business posts EBITDA of Rs 17,295 crore, EBITDA margin at 54.8%, up 86 bps YoY. Consolidated EBIT at Rs 10,996 crore; EBIT margin at 26.5%, decline of 29 bps YoY. India business EBIT is Rs 7,894 crore; EBIT margin at 25.0%, increase of 97 bps YoY. Consolidated Net income (before Exceptional items) at Rs 3,911 crore, up by 32.2%YoY. Consolidated Net income (after Exceptional items) at Rs 3,593 crore, up by 168.0%YoY. Industry leading operational indicators supported by strong business momentum and solid execution. Smartphone data customers up by 26.2 million YoY & 4.2 million QoQ, 75% of overall mobile customer base. Postpaid net adds of 0.8 million in Q2FY25. Mobile ARPU increased to Rs 233 in Q2FY25 vs Rs 203 in Q2FY24. Mobile data consumption up 22.6% YoY, consumption per customer at 23.9 GB per month. Homes business saw step- up in customer additions with 583 K in Q2FY25. Gopal Vittal, MD, Bharti Airtel, said: “We delivered another quarter of solid performance, with India revenue growing 8.7% sequentially. Africa maintained strong revenue growth momentum as well with 7.7% constant currency growth. The flow thru of tariff repair is in-line with our expectation on ARPU increase and SIM consolidation. We reported industry leading ARPU of Rs 233. Our focus on winning quality customers and driving premiumization has helped us add 4.2 million smartphone customers. We continue to expand our Wifi coverage with FWA offerings to over 2,000 cities. We continue to invest in our digital businesses to diversify portfolio strength and drive long term growth. Airtel also continues to invest in a future ready digital network to deliver brilliant customer experience - we launched India's first AI-powered, network-based spam detection solution to solve the endemic problem of spam calls and messages. Our 5G network has once again received validation from Open signal – Airtel was awarded all the five awards on 5G network experience. Our balance sheet remains solid, supported by cash generation and continued deleveraging. During the quarter, we prepaid another tranche of Rs 8,465 crore of high cost spectrum dues. At the same time, we believe that industry needs further tariff repair for sustained investments given that ROCE for India is still only 11 percent.” Result PDF