Bharti Airtel has released its consolidated financial results for the quarter ended (QE) September 2022. The consolidated revenues for the reported quarter stood at Rs 345.27 billion, growing 21.9 per cent year-on-year (YoY). Consolidated mobile data traffic was at 13,232 PBs in the quarter with a healthy YoY growth of 20.9 per cent.
With regard to its India business, the telco’s revenues for the reported quarter stood at Rs 243.33 billion, witnessing a growth of 22.3 per cent YoY. Mobile revenues grew by 24.8 per cent YoY on account of improved realisation as well as strong 4G customer additions during the year. Average revenue per user (ARPU) for the quarter stood at Rs 190 as compared to Rs 153 in the same quarter the previous year, on the back of the telco’s continued focus on quality customers, feature phone to smartphone upgradation and data monetisation.
The company strengthened its leadership position in the postpaid segment with a customer base of 31.6 million, including internet of things (IoT). It continues to gain strong share of the 4G customers in the market and added 17.8 million 4G data customers to its network over last year, an increase of 9.2 per cent YoY. ARPU continues to be the best in the industry, with average data usage per data customer at 20.3 GBs/month and voice usage per customer at 1,082 minutes/month.
