Bharti Airtel Reports 2.8% Revenue Growth and 2.5x Profit Surge in Q1 FY24-25

Telecom giant Bharti Airtel has announced impressive financial results for the first quarter of the fiscal year 2024-25, revealing significant growth in revenue and profit. For the period from April to June 2024, the company reported a 2.8% increase in consolidated revenue from operations, totaling ₹38,506.4 crore, up from ₹37,440 crore in the same quarter last year. Notably, Bharti Airtel‘s consolidated profit surged over 2.5 times to ₹4,160 crore, compared to ₹1,612.5 crore during the same period in the previous fiscal year.

Here are the key highlights from Bharti Airtel’s Q1 results:

1. Revenue Growth: Bharti Airtel’s consolidated revenue from operations saw a modest increase of 2.8%, reaching ₹38,506.4 crore. This growth reflects the company’s resilience and strategic expansion efforts in a competitive telecom market.
2. Profit Surge: The company’s profit for Q1 skyrocketed by more than 2.5 times, hitting ₹4,160 crore. This substantial increase in profit indicates strong operational efficiency and improved profitability.
3. Domestic Performance: Revenue from Bharti Airtel’s India operations rose by 10.1% year-over-year, amounting to ₹29,046 crore. This growth is attributed to increased consumer demand and effective market strategies within India.
4. ARPU Improvement: The Average Revenue Per User (ARPU) in India increased to ₹211, up from ₹200 in the previous year. This rise in ARPU underscores Bharti Airtel’s successful efforts to enhance its revenue from existing customers.
5. Market Reaction: Despite the strong financial performance, Bharti Airtel’s shares experienced a decline of ₹27.75, or 1.86%, falling to ₹1,466 apiece on the Bombay Stock Exchange (BSE). This dip in share price occurred amid broader market downturns linked to recession concerns in the U.S.

Bharti Airtel’s latest results highlight its robust financial health and operational achievements, despite facing market challenges. The company’s focus on increasing revenue and improving profit margins positions it well for continued growth in the competitive telecom sector.

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