Bharti Airtel Limited (BHARTIARTL) — Financial Results | 6 February 2025(2 announcements)

Bharti Airtel reported consolidated revenue of ₹468.78 billion for Q3 FY25 (ended Dec 31, 2024), up 13.2% YoY and 8.8% QoQ, driven by strong mobile services growth in India and Africa. Net profit surged 482.2% YoY to ₹147.61 billion due to exceptional gains, while EBITDA rose 29.5% YoY to ₹290.57 billion, with margin expanding to 62.0%. The company added 26 million smartphone data customers YoY and improved mobile ARPU to ₹245. Capex reached ₹91.61 billion, and net debt stood at ₹1.97 trillion, improving leverage ratios. Strategic spectrum expansion in 2100/900 bands across 62 districts and partnerships with Ericsson, Nokia, and Kia India underscore growth focus.

Bharti Airtel reported consolidated revenue of ₹45,129 crores for Q3 FY25, up 19.1% YoY and 8.8% QoQ, driven by strong India growth and Africa momentum. India revenue rose 24.6% YoY to ₹34,654 crores, with mobile services up 21.4% YoY. EBITDA reached ₹24,880 crores (55.1% margin), and EBITDAaL was ₹21,474 crores (47.6% margin). Net income before exceptional items surged 121.3% YoY to ₹5,514 crores. The company prepaid ₹3,626 crores of high-cost spectrum dues, reducing leverage. Forward guidance was not provided. InvestorTakeaway: Strong top-line growth and margin expansion reflect operational resilience, but Airtel Business faces margin pressure from portfolio reshuffling.