India’s telecom major Bharti Airtel reported a surprise profit of Rs 86 crore in the October-December quarter, helped by robust customer additions and expansion in mobile data volume. Bharti Airtel had reported a net profit of Rs 306 crore in the comparable quarter previous fiscal. A CNBC TV18 poll had earlier estimated the firm to report a net loss of Rs 930 crore. Revenues for Q3 came in at Rs 14,768 crore, declining by 2.3% on-year on an underlying basis. We take a look at key figures in a nutshell.
Bharti Airtel’s consolidated revenues came in at Rs 20,519 crore growing 1.9% on-year. India revenues for Q3-19 stood at Rs 14,768 crore have declined by 2.3% on-year.
Total net income for Q3’19 came in at Rs 86 crore (Q2’19: Rs 119 crore) vs Rs 306 crore in the corresponding quarter last year.
Consolidated mobile data traffic stood at 3,332 Bn MBs in the quarter has registered a healthy Y-o-Y growth of 183%. Digital TV revenue witnessed a growth of 7.1%.
compared to 66 Bn MBs in the same quarter last year.
increased by 25% and Airtel Money throughput grew by 29% on a Y-o-Y basis.
Consolidated EBITDA stood at Rs 6,307 crore declined 16.9% on-year. Consolidated EBITDA margin decreased by 6.6% to 30.7% in the quarter as compared to 37.3% in the corresponding quarter last year. Consolidated EBIT dropped by 69.9% Y-o-Y to Rs 813 crore.