Aside from the exceptional provision, India’s second-largest telco’s quarterly net profit stood at Rs 6,920 crore, growing 1.9% sequentially from Rs 6791.6 crore in the previous quarter.
The telco’s consolidated revenue rose 19.6% on-year to Rs 53,982 crore, from a year earlier, driven by continued growth in India and solid performance from Africa.
“Q3’26 marked another strong quarter, with consolidated revenue of Rs 53,982 crore, a growth of 3.5% sequentially, underpinning our strategy of a diversified and resilient portfolio. India revenue, including passive infrastructure services, increased by 1.4% sequentially. Africa delivered yet another quarter of exceptional performance with constant currency revenue growth of 5.8%. One of the reasons for our stepped-up performance in Africa is the deployment of our homegrown digital stack that has sharpened our go-to-market excellence, the secret sauce of Airtel,” said Gopal Vittal, executive vice chairman, Bharti Airtel, in a statement.
India business revenues grew 13.2% on-year to Rs 39,226 crore, backed by continued premiumization in the Mobile segment, strong momentum in Homes segment, and steady performance from Airtel Business, the company said.
Airtel’s India mobile revenue grew 9.1% on-year to Rs 28,651.6 crore, driven by ARPU improvement and strong growth in smartphone data customers.
Also read: Tata Motors PV Q3 Results: Co reports loss of Rs 3,486 crore; revenue falls 26%Airtel’s average revenue per user (ARPU) — a key performance metric — grew 1.17% sequentially to Rs 259 in the fiscal second quarter. It’s the highest in the sector with market leader Reliance Jio’s ARPU at Rs 213.70.
“Our balance sheet strength, reinforced by strong cash generation and sustained deleveraging, positions us well to invest in new growth opportunities,” Vittal added.
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