Telecom Lead India: Bharti Airtel’s revenue increased 9.2 percent to Rs 20,448 crore in Q4 FY 2013. Profit plummeted 49.4 percent to Rs 509 crore.
For the FY 2013, Airtel’s revenue rose 12.4 percent to Rs 80,311 crore. But profit decreased 46.6 percent to Rs 2,276 crore.
Q4 growth drivers include 71percent growth in mobile Internet in India, 24 percent increase in Digital TV, 17 percent increase in B2B and 12.6 percent increase in Africa revenue to Rs 6,065 crore.
ARPU improved to Rs 193.
Airtel says data traffic and 3G data customers in India rose over 135 percent in Q4.
Growth drivers for FY 2013 include 66 percent growth in mobile Internet in India, 26 percent increase in Digital TV, 19 percent increase in B2B and 21.3 percent increase in Africa revenue.
Sunil Bharti Mittal, chairman, Airtel, said: “Market corrections have started with improvements in the quality of customer acquisitions, and that pricing stability is investments we are optimistic about the potential for improved market shares and margin expansions.”
