Bharti Airtel Q1 Results Highlights: Net Profit Doubles to ₹4,160 Cr

Bharti Airtel has announced a substantial 158% year-on-year rise in its Q1 FY25 net profit, totaling ₹4,160 crore. The consolidated net profit for this period was ₹2,925 crore. Additionally, the company's earnings before interest, taxes, depreciation, and amortization (EBITDA) for the quarter amounted to ₹19,944 crore, marking a 1% increase from the previous year. 

Bharti Airtel Q1 Results Highlights

On August 5, Bharti Airtel reported a significant 158% year-on-year increase in its Q1 FY25 net profit, reaching ₹4,160 crore compared to ₹1,612 crore in the same period the previous year. This result exceeded market expectations, largely due to exceptional items. Excluding these items, the consolidated net profit for the first quarter was ₹2,925 crore. Check Bharti Airtel Share Price

The telecom giant’s revenue for the April-June quarter saw a 2.8% annual rise, totaling ₹38,506 crore, up from ₹37,440 crore. The company attributed the modest growth to currency devaluation in Africa.

A poll conducted by Moneycontrol, involving estimates from five brokerage firms, had forecasted Bharti Airtel’s net profit for the fiscal first quarter at ₹3,455 crore and revenue at ₹38,611 crore.

The average revenue per user (ARPU) per month, a critical metric for telecom companies, increased by 5.5% year-on-year to ₹211, up from ₹200 a year prior.

Earnings before interest, taxes, depreciation, and amortization (EBITDA) for the quarter stood at ₹19,944 crore, reflecting a 1% year-on-year increase. The EBITDA margin was 51.8%, a decrease of 90 basis points compared to the previous year. Earnings before interest and taxes (EBIT) amounted to ₹9,355 crore, marking a 7.2% year-on-year decline.

Kotak Institutional Equities anticipated a slight rise in ARPU to ₹210 in Q1 FY25, up from ₹209 in the previous quarter. They noted that it would take a few more quarters for the recent tariff hikes to be fully realized. Axis Securities projected a 15% ARPU increase by Q3 FY25, driven by higher conversions and tariff hikes.

About Bharti Airtel Ltd

Bharti Airtel Ltd is a telecommunications service provider, offering telemedia services, digital TV services, and mobile services. It delivers 2G, 3G, and 4G wireless services, fixed-line services, high-speed broadband through DTH, and enterprise services, including national and international long-distance services for carriers. 

The company also offers communication and ICT services, encompassing voice, data, data centers, managed services, IoT, cloud, and digital media. Bharti Airtel, along with its subsidiaries and branch offices, operates in India, Sri Lanka, Bangladesh, and Africa, and is headquartered in New Delhi, India.