Q4FY23 Quarterly Result Announced for Bharti Airtel Ltd.
Telecom Services company Bharti Airtel announced Q4FY23 & FY23 results: Bharti Airtel posts quarterly revenues of Rs 36,009 crore – up 14.3% YoY, backed by strong and consistent performance delivery across the portfolio. India business posts quarterly revenues of Rs 25,250 crore – up 12.2% YoY Mobile services India revenues up 11.5% YoY, led by continued 4G customer additions and increase in ARPU Airtel Business revenues up by 14.5% YoY, backed by robust demand for data and connectivity related solutions as well as emerging competencies Homes business continues to accelerate growth momentum, up 25.2% YoY led by solid customer additions Digital TV continues to strengthen its market position Consolidated EBITDA at Rs 18,807 crore; EBITDA margin at 52.2%, improvement of 144 bps YoY India business posts EBITDA of Rs 13,403 crore, EBITDA margin at 53.1%; up 225 bps YoY Consolidated EBIT at Rs 9,387 crore; EBIT margin at 26.1% improvement of 285 bps YoY India business posts EBIT of Rs 5,826 crore; EBIT margin at 23.1% expansion of 432 bps YoY Consolidated Net income (before Exceptional items) at Rs 2,592 crore, up by 39.3% YoY Consolidated Net income (after Exceptional items) at Rs 3,006 crore; up by 49.7% YoY Industry leading operational indicators showcasing strong business momentum driven by execution 4G data customers up by 23.3 million YoY & 7.4 million QoQ, 67% of overall mobile customer base Mobile ARPU increased to Rs 193 in Q4FY23 vs Rs 178 in Q4FY22 Mobile data consumption up by 20.2% YoY, consumption per customer at 20.3 GB per month Homes business continues to accelerate its presence with 404 K customer net additions in Q4FY23 Digital TV customer base at 15.9 Mn in Q4FY23 Result PDF16-05-2023
