The web revenue stood at Rs 2,145 crore a yr in the past. (Representative picture)
The quarterly income rose 7.3 per cent to Rs 37,044 crore
Telecom firm Bharti Airtel on Tuesday reported a 37.5 per cent drop in its consolidated web revenue to Rs 1,341 crore for the second quarter ended September 30.
The web revenue stood at Rs 2,145 crore a yr in the past.
For the simply-ended quarter, the consolidated web earnings (earlier than distinctive objects) got here in at Rs 2,960 crore, up by 44.2 per cent yr-on-yr.
The quarterly income rose 7.3 per cent to Rs 37,044 crore, “backed by strong and consistent performance in India operations”, in line with the corporate assertion.
“This has been yet another quarter of solid revenue growth and improved margins. Our India revenue continues to gain momentum and grew sequentially by 2.4 per cent. Our consolidated revenue, however, was impacted by the devaluation of the Nigerian Naira,” Bharti Airtel managing director Gopal Vittal mentioned.
The firm recorded 7.7 million 4G/5G web subscribers addition and exited the quarter with an “industry-leading ARPU of 203”, he added.
“Our Postpaid and Homes businesses continued their strong growth trajectory as we added the highest ever net adds in both these segments in any single quarter. Our performance is underpinned by a simple and consistent strategy of focusing on quality customers and delivering the best experience to them in a seamless digital way,” Vittal additional mentioned.
Mobile ARPU elevated to Rs 203 in Q2 2024 in opposition to Rs 190 in Q2 2023, Bharti Airtel mentioned.
(This story has not been edited by News18 workers and is revealed from a syndicated information company feed – PTI)
