Bharti Airtel Ltd reported consolidated operational revenues of Rs 20,519 crore in the quarter ended December 31, 2018, largely stagnant year-over-year. Consolidated net profit for the period was 31% lower YoY from Rs 560 crore to Rs 382 crore. The company has 384.65 million mobile customers world over, of which 284 million are in India and 97 million are in the 12 countries where it is operational in Africa. Consolidated segment revenues Mobile services India: Rs 10,189 crore in Q3, Rs 30,922 crore in 2018 Mobile services Africa: Rs 5,903 crore in Q3, Rs 16,835 crore in 2018 Mobile Services South Asia (Sri Lanka): Rs 113 crore in Q3, Rs 331 crore in 2018 Airtel Business: Rs 3,111 crore in Q3, Rs 9,450 crore in 2018 Tower Infrastructure: Rs 1,733 crore in Q3, Rs 5,148 crore in 2018 Homes services: Rs 550 crore in Q3, Rs 1,686 crore in 2018 Digital TV: Rs 1,033 crore in Q3, Rs 3050 crore in 2018 Consolidated segment results for Q3 Mobile services India: Loss of Rs 1,903 crore Mobile services Africa: Rs 1,354 crore Mobile Services South Asia (Sri Lanka): Loss of Rs 24.7 crore Airtel Business: Rs 667 crore Tower Infrastructure: Rs 801 crore Homes services: Rs 73.4 crore Digital TV: Rs 157 crore Investments in Airtel Africa Earlier this quarter, Airtel Africa raised $1.25 billion from a group of six investors including Warburg Pincus, Temasek Holdings, Singapore Telecommunications Ltd and SoftBank Group Corp. The investment will be done via subscription of new shares to the Africa unit. Last week,…
