Bharti Airtel Q3 Results: Profit Meets Estimates, ARPU At Rs 208

ARPU rose driven by consistent strategy of acquiring high value customers and improved realisations.

"Revenue from India business sustained its momentum and grew sequentially by 3%, while the consolidated revenue was impacted by the devaluation of the Nigerian Naira and Malawian Kwacha," Gopal Vittal, managing director at Bharti Airtel, said in a statement.

The quarter witnessed a strong growth trajectory for the postpaid and homes business, while the DTH business added 3,88,000 net adds–the highest in the last 12 quarters, he said.

Mobile revenue grew by 11.8% year-on-year on account of improved realisation as well as strong 4G/5G customer additions during the year, it said.

"Even at this ARPU, our return on capital employed however, continues to be low at 9.4%. To ensure industry health, tariff repair is extremely critical,"

Bharti Airtel's India customer base stands at 55.11 crore subscribers across 16 countries, up 2% from the quarter ended September. India's customer base rose 7.5% year-on-year to 40 crore.

The capex for India for the quarter stood at Rs 775.6 crore.