Bharti Airtel’s average revenue per user (ARPU) rose by 6.5 percent to Rs 123 in the January–March quarter, which is still not at sustainable level for the sector. The telco had ARPU of Rs 116 in the same period a year ago.
The company’s loss from India mobile services business more than doubled to Rs 1377.8 crore in January–March 2019 compared with Rs 482.2 crore loss in the same period of the previous fiscal year. Revenue soared 6.2 percent to Rs 20,602.2 crore for the three months ended March 31, 2019. The firm had an exceptional income gain of Rs 2022.1 crore in the quarter. The mobile customer base of Bharti Airtel in India declined by 7.1 percent on year-on-year (YoY) basis to 28.26 crore at the end of March 2019 from 30.41 crore in March 2018. The same was reflected in consolidated customer base, which declined by 2.5 percent on Y-o-Y basis to 40.36 crore in March 2019 from 41.38 crore in the previous year.
The company’s consolidated net debt has increased to Rs 108,235 crore from Rs 106,367 crore in the previous quarter. The consolidated mobile data traffic recorded YoY growth of 137 percent at 3836 billion megabytes in the reported quarter. In India, mobile data traffic of Bharti Airtel grew to 3705 billion megabytes during the reported quarter as compared to 1540 megabytes in the corresponding quarter last year.