Bharti Airtel demonstrated solid sequential growth in the second quarter, with positive movement in revenue, profitability, and critically, Average Revenue Per User.
The company's total revenue saw a solid 5% increase, rising from Rs 49,463 crore to Rs 52,145 crore. This indicates continued demand and successful monetisation efforts.
Net profit showed the most significant surge, jumping by 14% from Rs 5,948 crore to Rs 6,792 crore. This suggests that the company is managing its costs effectively and translating top-line growth into higher bottom-line earnings.
Bharti Airtel Q2 Highlights (Consolidated, QoQ)
Revenue up 5% to Rs 52,145 crore versus Rs 49,463 crore.
Ebitda up 6% to Rs 29,561 crore versus Rs 27,839 crore.
Margin flat at 56.7% versus 56.3%.
Net profit up 14% to Rs 6,792 crore versus Rs 5,948 crore
Despite the strong growth, the Ebitda margin remained relatively stable at 56.7% which is up slightly from 56.3%, reflecting maintained operational efficiency.
Further, the key operational metric of average revenue per user saw a healthy increase of 2.4%, rising from Rs 250 to Rs 256. The consistent rise in ARPU is a positive indicator of the company's ability to drive customer spending and transition users to higher-value plans, which is crucial for long-term sustainable growth in the telecom sector.
In short, Airtel had a very positive second quarter, successfully growing its user revenue while significantly boosting its net profit.
Bharti Airtel stock rose as much as 1.29% during the day to Rs 2,081 apiece on the NSE. It closed 0.95% higher at Rs 2,074 apiece, compared to an 0.16% advance in the benchmark Nifty 50 at close.
It has risen 28.52% in the last 12 months and 30.63% on a year-to-date basis.