Bharti Airtel Ltd. Results Earnings Call for Q4FY24
Conference Call with Bharti Airtel Ltd. Management and Analysts on Q4FY24 Performance and Outlook. Listen to the full earnings transcript. Management in attendance: Gopal Vittal15-05-2024
Bharti Airtel Ltd. Results Earnings Call for Q4FY24
Conference Call with Bharti Airtel Ltd. Management and Analysts on Q4FY24 Performance and Outlook. Listen to the full earnings transcript. Management in attendance: Gopal VittalBHARTI AIRTEL LTD. - 532454 - Half Yearly Disclosure Of Related Party Transactions
Disclosure of Related Party Transactions pursuant to Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015Q4FY24 Quarterly & FY24 Annual Result Announced for Bharti Airtel Ltd.
Telecom Services company Bharti Airtel announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Consolidated: Overall customer base stands at ~562 million across 16 countries Total revenues at Rs 37,599 crore, up 4.4% YoY EBITDA at Rs 19,590 crore, up 4.2% YoY; EBITDA margin at 52.1%, decline of 12 bps YoY EBIT at Rs 9,423 crore, up 0.4% YoY; EBIT margin at 25.1%, decline of 101 bps YoY Net Income (before exceptional items) at Rs 2,952 crore Net income (after exceptional items) at Rs 2,072 crore Capex for the quarter at Rs 10,516 crore India: India revenue at Rs 28,513 crore, up 12.9%YoY EBITDA margin at 53.6% up 56 bps YoY. EBIT margin at 23.2%, up 9 bps YoY Customer base stands at ~ 406 million Capex for the quarter at Rs 8,491 crore Africa: Revenue (in constant currency) up 23.1% YoY EBITDA margin (in constant currency) at 47.4%, down 148 bps YoY. EBIT margin at 31.9% Customer base stands at 153 million Capex for the quarter at Rs 2,019 crore FY24 Financial Highlights: Consolidated revenues at Rs 1,49,982 crore, up 7.8% YoY Consolidated EBITDA at Rs 79,046 crore and EBITDA margin at 52.7%, up 115 bps YoY India EBITDA at Rs 59,009 crore and EBITDA margin at 53.8%, up 162 bps YoY Consolidated Net Income (before exceptional items) at Rs 11,305 crore Consolidated Net income (after exceptional items) at Rs 7,467 crore In a statement, Gopal Vittal, MD, said: "We ended the year on a strong note with consistent performance across all businesses, both on customer metrics as well as financial parameters. India revenue (adjusted for Beetel) grew by 1.7% with EBITDA margin expanding to 54.1%, despite one day less in the quarter. Consolidated performance was impacted primarily by the devaluation of the Nigerian Naira. We added 7.8 million smart phone customers and delivered an industry leading ARPU of Rs 209. Our relentless focus on improving customer experience has resulted in 20% churn reduction during the quarter. Our simple and clear strategy coupled with razor-sharp focus on execution enabled us to end the quarter with life-time high market share across all businesses. Our efforts on digitizing Airtel are now gathering velocity and is being visibly felt across all parts of our operations. At the same time, our return on capital employed continues to remain low due to the absence of tariff repair in the industry.” Result PDFBHARTI AIRTEL LTD. - 532454 - Announcement under Regulation 30 (LODR)-Resignation of Director
Disclosure under Reg. 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Change in the Board of DirectorsBHARTI AIRTEL LTD. - 532454 - Announcement under Regulation 30 (LODR)-Change in Directorate
Disclosure under Reg. 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Change in the Board of DirectorsBHARTI AIRTEL LTD. - 532454 - Conclusion Of Board Meeting Dated May 14, 2024
Conclusion of Board meeting dated May 14, 2024BHARTI AIRTEL LTD. - 532454 - Announcement under Regulation 30 (LODR)-Dividend Updates
Recommendation of Final Dividend for FY 2023-24BHARTI AIRTEL LTD. - 532454 - Financial Results For The Fourth Quarter (Q4) And Year Ended March 31, 2024
Financial results for the quarter and year ended March 31, 2023BHARTI AIRTEL LTD. - 532454 - Quarterly Report For The Fourth Quarter (Q4) Ended March 31, 2024
Quarterly Report for the fourth quarter (Q4) ended March 31, 2024BHARTI AIRTEL LTD. - 532454 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release w.r.t. financial results for fourth quarter and year ended March 31, 2024