Bharti Airtel on Monday reported a net profit of Rs 759 crore for the January-March quarter.
During the identical interval of FY20, the corporate had reported a loss of 5,237 crores.
Its revenues for the interval beneath overview rose 17.6 % to Rs 25,747 crore. India income was at Rs 18,338 crore elevated by 17.5 % YoY on a comparable foundation and 9.6 % YoY on a reported foundation. Mobile revenues grew by 19.1 % YoY on a comparable foundation on account of the improved realizations in addition to robust buyer addition, stated an organization assertion.
ARPU continues to be greatest in business, Q4`21 at Rs 145 vs Rs 135 in Q4`20 on a comparable foundation, an end result of the corporate’s concentrate on buying high quality prospects in addition to up-trading and up-gradation of prospects to 4G.
The firm continues to garner a robust share of the 4G net advertisements available in the market. 4G knowledge prospects elevated by 31.5 % YoY to 179.3 million, an addition of 43.0 million 4G prospects during the last 4 quarters.
Gopal Vittal, MD and CEO, India & South Asia, stated: “Our services are the digital oxygen that the country needs in this challenging time as we experience a vicious second wave of COVID-19. I am grateful to our people who are doing all they can to strengthen our network experience and serve our customers braving massive odds. It is this relentless focus on customer obsession that has allowed us to deliver another consistent quarter in terms of performance.”
The firm additionally stated that it’s working in an unprecedented state of affairs with the second wave of Covid impacting lives.
“We have taken several steps to manage this crisis, which has been detailed below. This situation continues to evolve and we are monitoring it closely to identify key risks and taking immediate actions to minimize any potential disruption from the pandemic to our business,” stated the assertion.
“Our focus continues to be on delivering uninterrupted services and great end-user experience while ensuring the safety of our employees and partners,” it stated.
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