Bharti Airtel on Monday announced its results for the second quarter ended September 30, 2015. The telecom major reported a 10 per cent jump in consolidated net profit to Rs 1,523 crore for the quarter ended September 30, on the back of growth in data traffic. Here are the top 10 key takeaways from the second-quarter results.
Net Profit: The company reported 54.96 per cent fall in its standalone net profit at Rs 2,223.70 crore for the quarter ended September 30, 2015 as compared to Rs 4,937.30 crore for the same quarter in the previous year. Consolidated net profit of the company rose 10.09 per cent to Rs 1,522.70 crore for the quarter ended September 30, 2015 as compared to Rs 1,383.20 crore in the same quarter last year.
Total Income: Bharti Airtel’s standalone total income decreased by 4.91 per cent to Rs 15,911.90 crore for the quarter under review from Rs 16,733.60 crore for the corresponding quarter of the previous year. On the consolidated basis, total income of the company increased by 4.33 per cent at Rs 23,851.90 crore for quarter under review as compared to Rs 22,861.70 crore for the quarter ended September 30, 2014.
Mobile data revenue: Consolidated mobile data revenues grew 49.8 per cent to Rs 3,806 crore, boosted by data traffic growth of 76.3 per cent.
Data ARPU: Data average revenue per user (ARPU) increased by Rs 42 to Rs 193 (year-on-year) in the reported quarter, led by 35.9 per cent increase in data usage per customer.
Total Debt: The net debt of the company at the end of September 30 stood at Rs 70,777 crore.
Africa performance: The company said Africa performance has improved with underlying revenue growth of 5.1 per cent in second quarter, which is highest in the last four quarters. “Strong demand is being witnessed both in voice and data with our consumption increasing by 19.5 per cent and 104.5 per cent respectively. In the first half of the year, we have divested tower assets of $1.7 billion,” Airtel Africa MD and CEO Christian de Faria said.
Net profit margin: Net profit margin of Bharti Airtel jumped to 6.4 per cent for the quarter ended September 30, 2015 against 5.5 per cent in the same quarter a year ago.
EBITDA Margin: EBITDA margin of Bharti Airtel stood at 34.7 per cent for the quarter ended September 30, 2015. The figures were at 35 per cent and 34.9 per cent for the quarter ended September 30, 2014 and June 30, 2015, respectively.
Dividend: The Company, in its Annual General Meeting held on August 21, 2015, declared final dividend at the rate of Rs 2.22 per equity share (face value of Rs 5 each) aggregating to Rs 8,87.4 crore.
Other updates: During the quarter ended September 30, 2015, the company has signed a definitive agreement to acquire 100 per cent equity stake in Augere Wireless Broadband India Pvt. Ltd. The acquisition is subject to necessary statutory and regulatory approvals.
(With inputs from PTI)