कोशिश गोल्ड - मुक्त
Airtel Q2 net profit rises 168% to ₹3,593 cr
The New Indian Express
|October 29, 2024
Company improved average revenue per user by 15% to ₹233 in the reporting quarter compared to ₹203 in Q2FY24
BHARTI AIRTEL on Monday reported a 168% rise in its consolidated net profit to ₹3,593 crore for the quarter ending September 2024, up from ₹1,341 crore in the year-ago period.
The company also improved its average revenue per user (ARPU) by 15% to ₹233 in Q2FY25, compared to ₹203 in Q2FY24. Its consolidated revenues for the quarter were ₹41,473 crore, growing by 12.0% year-on-year and 7.7% quarter-on-quarter, driven by strong momentum in India and growth in constant currency in Africa.
Airtel's mobile revenue grew 18.5% YoY, led by tariff hike by the company in July 2024. The telco's consolidated earnings before interest, taxes, depreciation, and amortisation (EBITDA) during the quarter were ₹22,021 crore, while the EBITDA margin was 53.1%.
However, the company's customer base in India decreased by 2 million in the latest quarter, ending at 407 million as of September-end.
यह कहानी The New Indian Express के October 29, 2024 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
The New Indian Express से और कहानियाँ
The New Indian Express
THIRD CHAPTER UNFOLDS
Carnatic progressive rock pioneers Agam drop their third album, Arrival of the Ethereal, a magnum opus that unites 300 musicians worldwide
6 mins
October 03, 2025
The New Indian Express
India pares Russian crude imports, but Moscow remains top supplier
Oil shipments from Russia drop marginally from 2 mbd in August to 1.6 mbd in September
2 mins
October 03, 2025
The New Indian Express
Probe on TN pharma firm as 8 kids die in MP and Raj
Drug administration stops sale of Coldrif, freezes stock at plant
2 mins
October 03, 2025
The New Indian Express
India warns Pak over any buildup in Sir Creek area
Rajnath Singh says any misadventure will invite decisive response
1 mins
October 03, 2025
The New Indian Express
A rare start for Kuldeep ahead of bigger tests
WASHINGTON Sundar has big shoes to fill in this Indian side, especially in home Tests. He will be tasked with filling the hole left behind by R Ashwin's retirement post the last home season.
2 mins
October 03, 2025
The New Indian Express
Senthil Balaji blames Vijay's late arrival, poor planning and lack of amenities for stampede
RESPONDING to TVK president Vijay's video message, former minister and Karur MLA V Senthil Balaji said the stampede could have been avoided had the actor-politician complied with the conditions laid down by police and arrived at the venue on time.
2 mins
October 03, 2025
The New Indian Express
TN to commence RTE admissions as centre releases its share of ₹538 cr
Govt announces 10-day window to regularise kids enrolled under RTE in unaided, non-minority schools
2 mins
October 03, 2025
The New Indian Express
Ladakh administration orders magisterial probe into 4 deaths
Wangchuk’s supporter dies by suicide, bros say he was depressed after Sept 24 incident
2 mins
October 03, 2025
The New Indian Express Chennai
MOON-KISSED MAGIC
The Autum Moon Festival takes you on a culinary journey through China's harvest season
2 mins
October 03, 2025
The New Indian Express Chennai
5+ years on, China air link from Oct 26
INDIA and China have agreed to resume direct commercial flights by this month-end, marking yet another notable step toward normalising bilateral ties that have remained strained since the 2020 border standoff.
1 min
October 03, 2025
Listen
Translate
Change font size