Updates: added tables and info from quarterly report Bharti Airtel Limited reported a net profit of Rs 610 crore, up 115% from Rs 284 crore reported for the same quarter last fiscal year, on consolidated revenues of Rs 21,939 crore. Revenues were up by 13.3% year on year, for the quarter ended December 31st, 2013, led by a 105% increase in total Mobile Internet revenues, which increased, at a consolidated (Africa, India, South Asia) level to Rs 1736 crore, and contributed more than 1/3rd of Airtel's overall incremental revenue. Airtel's data customer base in India increased by 31.2% year on year to 54.4 million, and there was a 54.4% increase in usage per customer. This led to a 97% increase in total data traffic, as compared to the same quarter last year. Mobile ARPU for Airtel increased by Rs 9.7 to Rs 195. India - Revenue from mobile services during the quarter was Rs 11,644.6 crore, up 8.8% from Rs 10,699.4 crore in the corresponding quarter last year. Thhe company said that sequential growth of 3.4% in consumer revenue during this quarter reflects the sustained growth momentum in the current year, but the overall reported revenue growth of the Mobile segment is moderated "due to a tactical reduction in low margin fiber connectivity business." - EBITDA during the quarter increased by 27.3% to Rs 3,974.8 crore as compared to Rs 3,121.9 crore in the corresponding quarter last year. Consequently, EBITDA margin significantly improved to 34.1% during the quarter as compared to…
Airtel
Updated: Airtel Q3-FY14: Profit of Rs 610 Crore; Mobile Internet Revenues At Rs 1736 Crore Globally
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