Bharti Airtel Q4FY21 Results: Check Q4 net income - Revenues go up 17% : Key financial details here

Telecom company Bharti Airtel today reported its Q4FY21 results with Rs 759 cr net profit and a 17.6 per cent Year-on-Year (YoY) revenues at Rs 25,747 cr – up 17.6% YoY on comparable1 basis. The company had posted a net loss of Rs 5237 in the quarter ended March 2020.    

The India business quarterly revenues stood at Rs 18,338 cr – up by over 17 per cent YoY, the company said in its filing to the exchanges on Monday.

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Bharti Airtel Q4FY21 – Important Highlights 

1. Overall customer base stands at 471 million across 16 countries. Mobile India ARPU at Rs 145 vs Rs 135 in Q4’20 on a comparable basis 
2. Total revenues at Rs 25,747 crore, up 17.6% YoY on a comparable basis and 11.9% YoY on a reported basis  
3. EBITDA at Rs 12,583 crore, up 28.9% YoY; EBITDA margin at 48.9%, expansion of 647 bps 
4. EBIT at Rs 5,048 crore, up 75.5% YoY; EBIT margin at 19.6%, expansion of 711 bps  
5. Net Income (before exceptional items) at Rs 322 crore  
6. Net income (after exceptional items) at Rs 759 crore 
7. Total Capex spend for the quarter of Rs 6,846 crore 

The term ‘comparable’ refers to the impact of Mobile Termination Charges in Mobile – India business which have been reduced to Rs 0 per MoU from INR 0.06 per MoU effective 1 January 2021.

“Our services are the digital oxygen that the country needs in this challenging time as we experience a vicious second wave of COVID-19. I am grateful to our people who are doing all they can to strengthen our network experience and serve our customers braving massive odds. It is this relentless focus on customer obsession that has allowed us to deliver another consistent quarter in terms of performance,” Gopal Vittal, Managing Director (MD) and Chief Executive Officer (CEO) of India and South Asia operations said in a statement.

“Our mobile revenues grew at 19.1% YoY backed by 13.7 Mn 4G customer additions. We are seeing strong momentum in our homes business with 274k net adds. The Enterprise segment delivered double digit growth. Our digital assets continue to scale and we are beginning to see strong traction in monetisation of these asset,” he further said.

Bharti Airtel shares today ended at rs 547.80 on the BSE, down by over 2.2 per cent from the previous closing price n Friday.