Bharti Airtel A Strong Performance:
Bharti Airtel reported a net profit of ₹4,160 crore for Q1 FY25, marking a 158% increase. Revenue rose 3% to ₹38,506 crore, slightly below forecasts. Despite the strong earnings, shares closed 1.66% lower at ₹1,469 on the NSE.
The company’s India business revenue grew by 10.1%, with mobile ARPU increasing to ₹211. Net debt-to-EBITDA stands at 2.54x, and the company prepaid ₹7,904 crore in June 2024 for deferred spectrum liabilities.
Key Highlights:
- Net profit: A substantial 158% year-on-year increase to Rs 4,160 crore.
- Revenue: A modest 3% growth to Rs 38,506 crore, slightly below forecasts.
- Share price: Despite the strong earnings, the stock closed 1.66% lower at Rs 1,469 on the NSE.