Bharti Airtel Q1 Results

Profit groth 467% YoY to Rs 1,607 crore

Prior to the company's 5G services being made available in India later this month, it had strong results.

Operating profit increased by 25.9% YoY to Rs 16,604 crore for the firm, while the operating margin increased by 1.5 percentage points to 50.6%.

Telecom giant Bharti Airtel said today that its Q1 earnings increased by 466.7% year over year to Rs 1,607 crore from Rs 284 crore in the same quarter last year.

However, the figures fell short of the expert prediction of Rs 2,451 crore. Consolidated revenue for the business increased by 22.2% year over year to Rs 32,805 crore.

The average revenue per user (ARPU) for Airtel for the quarter was Rs 183, up from Rs 146 in Q1'22. Customers using 4G at the telecom have increased by 20.8 million YoY and 4.5 million QoQ.

EBITDA margin for the quarter was 50.6%, up 150 bps year over year. Due to a rise in ARPU and significant 4G user additions during the year, mobile revenues increased by 27.4% YoY.

The current EBITDA margin is 50.6 percent. The total portfolio's variety has increased as a result of the strong momentum and double-digit growth produced by our enterprise and housing businesses.

By factoring in the effect of leases, the Net Debt-EBITDA ratio as of June 30, 2022, was 2.52 times lower than it was as of June 30, 2021, when it was 3.03 times higher.

Revenue for Airtel's home business sector increased by 41.9 percent YoY as a result of 1.4 million new subscribers, bringing the segment's total customer base to 4.79 million.

At the conclusion of Q1, there were 17.4 million subscribers to digital TV. The debt-equity ratio decreased from 1.36 in the March quarter to 1.28 in the first quarter.

At the conclusion of Q1, there were 17.4 million subscribers to digital TV. The debt-equity ratio decreased from 1.36 in the March quarter to 1.28 in the first quarter.

IPO Spy provides you information on new initial public offerings (IPOs), Upcoming IPOs, stock market trading and BuyBack of Share.