Bharti Airtel saw a 5.11 per cent increase in its shares to ₹1,702.45 on the NSE at 10:20 am today, following the strong third-quarter results announced yesterday. The company reported a 121.3 per cent year-on-year (y-o-y) increase in consolidated net income (before exceptional items) to ₹5,514 crore for Q3 FY25.
Consolidated revenue rose by 19.1 per cent y-o-y to ₹45,129 crore, driven by a strong performance in India and sustained growth in Africa. India business revenue grew by 24.6 per cent y-o-y to ₹34,654 crore, with mobile services revenue increasing by 21.4 per cent.
Key operational metrics showed significant improvement, with mobile Average Revenue Per User (ARPU) rising to ₹245 from ₹208 in Q3 FY24. Airtel added 6.5 million smartphone users during the quarter, with smartphone customers now comprising 75.8 per cent of its mobile base.
The homes business maintained growth momentum with revenue up by 18.7 per cent y-o-y, adding 674,000 new customers. Airtel Business revenue grew by 8.7 per cent YoY despite headwinds in the global segment.
The company’s consolidated EBITDA margin stood at 55.1 per cent, while the net debt to EBITDAaL ratio improved to 1.56 times on a reported basis. During the quarter, Airtel prepaid ₹3,626 crore of spectrum dues to reduce high-cost debt.
The positive performance drove Airtel shares to surge by 5% on robust Q3 performance and ARPU growth.
