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Airtel Q4-FY14 profit at Rs 962 crore; India mobile data revenues at Rs 1,325 Cr

India's largest telco Bharti Airtel has reported a net profit of Rs 962 crore for the quarter ended March 31, 2014, up 89.1% from Rs 509 crore profit in the same quarter last year. This was on consolidated revenue of Rs 22,219 crore, which was up 13.5% year-on-year (YoY). The growth was led by an increase in mobile data revenues, which increased by 93.4% YoY at a consolidated (Africa, India, South Asia) level to Rs 1,900 crore, and accounting for more than one-third of Airtel’s overall incremental revenue. Mobile ARPU increased by 1% quarter-on-quarter (QoQ) to Rs 196 from Rs 195 in the previous quarter. For the entire fiscal 2014, the net profit was up 21.8% to Rs 2,773 crore, while the consolidated revenues was up 11.5% to Rs 85,746 crore. The consolidated revenues were driven by a 96.3% increase in mobile data revenues, 27.5% increase in DTH segment, 19.1% increase in Airtel Business segment and 41.2% increase in South Asia revenues. India - Revenue from mobile services were up 11.6% YoY to Rs 12,083.5 crore, from 11,644.6 crore in the previous quarter. For the fiscal FY14, the mobile services revenues saw an 8% growth to Rs 46,683.5 crore, up from Rs 43,070.8 crore in the previous year. - India mobile data revenues was up 89.2% to Rs 1,325 crore. Revenue from mobile data accounted for 11.1% of the total mobile revenue for the quarter as compared to 6.5% in the corresponding quarter last year. - Total minutes on network increased by 5% YoY to…

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