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Bharti Hexacom Limited registers Q4 revenue of Rs. 1,868 crore

Published in Corporate Thursday, 16 May 2024 17:17

 

 

o Bharti Hexacom posts quarterly revenues of Rs 1,868 crore – up 7.8% YoY

o Mobile services revenues up 6.8% YoY, led by strong 4G/5G customer additions and ARPU increase

o Homes and Office business continues its growth impetus, revenues up 26.6% YoY led by solid customer

additions

• EBITDA at Rs 914 crore; EBITDA margin at 48.9%, improvement of 291 bps YoY

• EBIT at Rs 454 crore; EBIT margin at 24.3%, improvement of 108 bps YoY

• Net income at Rs 223 crore, up by 10.2%YoY

• Industry leading operational indicators showcasing strong business momentum and solid execution

o 4G/5G data customers up by 2.5 Mn YoY & 0.6 Mn QoQ, 71% of overall mobile customer base

o Mobile ARPU increased to Rs 204 in Q4’24 vs Rs 189 in Q4’23

o Mobile data consumption up by 25.7% YoY, consumption per customer at 24.5 GB per month

o Homes and Office business saw sustained momentum with 16 K customer net additions in Q4’24

• Overall customer base stands at ~28 million

• Total revenues at Rs 1,868 crore, up 7.8% YoY

• EBITDA at Rs 914 crore, up 14.6% YoY; EBITDA margin at 48.9%, expansion of 291 bps YoY

 

 

Gurugram: Bharti Hexacom Limited  announced its audited results for the fourth quarter ended March 31, 2024.

Revenues for Q4’24 at Rs 1,868 crore grew 7.8% YoY. Mobile data traffic at 1,364 PBs in the quarter with a healthy YoY growth of 26%.Mobile revenues grew by 6.8% YoY on account of improved realisation as well as strong 4G/5G customer additions during the year.

 

ARPU for the quarter stood at Rs 204 as compared to Rs 189 in Q4’23 on the back of continued mix improvement and focus on quality acquisitions.

It continue to garner strong market share of 4G/5G customers and added 2.5 Mn 4G/5G data customers to the network over lastyear, an increase of 14.5% YoY.  Bharti Hexacom  continues to deliver industry leading ARPU along with growing average data usage per datacustomer at 24.5 GBs/month.

It  rolled out ~830 towers in the quarter to further strengthen the network coverage and provide seamless connectivity. Rolled out ~4k towers in last 12 months to expand coverage and connectivity in rural as well as urban areas.

 

Homes and Office business maintains its rapid growth trajectory and delivered a revenue growth of 26.6% YoY, result of company’sstrategy to rapidly expand cities under coverage and deepening presence in cities and towns. Added 16 K customer additions in the quarter to reach to a total base of 0.3 Mn. The Company continue to accelerate the rollouts through asset light local cable operator

partnership model. It  is  now  in 93 cities.

 

About Bharti Hexacom

 

Bharti Hexacom is a communications solutions provider offering consumer mobile services, fixed-line telephone and broadband services to customers in the Rajasthan and the North East telecommunication circles in India, which comprises the states of Arunachal Pradesh, Manipur, Meghalaya,

Mizoram, Nagaland and Tripura. It offers services under the brand ‘Airtel’. Airtel is a global communications solutions provider with over 500 million customers in 17 countries across South Asia and Africa.

 For more details visit www.bhartihexacom.in

 

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