ECONOMY

Bharti Airtel Q4 Review – Decent Performance: ICICI Direct

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Bharti Airtel Ltd. reported yet another decent operating performance with beat on key performance indicators such as subscriber addition and margins, albeit average revenue per user traction was weaker than anticipated.

Consolidated topline came in at Rs 25,747 crore, up 2% QoQ on a like-to-like basis.

Indian wireless revenue rose 4.2% QoQ on like-to-like basis at Rs 14,080 crore.

Consolidated Ebitda came in at Rs 12,332 crore, up 2.3% QoQ with margin of 47.9% (up 244 basis points QoQ).

Click on the attachment to read the full report:

ICICI Direct Bharti Airtel Q4FY21 Result Update.pdf

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