Airtel India Capex drops 17 percent to Rs 42,767 mn in Q4

Airtel India revealed that its Capex dropped 17 percent to Rs 42,767 million in Q4 fiscal 2022 from Rs 51,414 million in Q4 fiscal 2021.
Airtel India revenue Q2
Airtel India’s Capex rose 6 percent to Rs 204,433 million in fiscal 2022 from Rs 192,570 million in fiscal 2021.

Airtel India’s Capex for B2C services fell 30 percent to Rs 26,178 million in Q4 from Rs 37,393 million and dropped 1 percent to Rs 145,949 million in fiscal 2022 from 146,763 million.

Airtel India’s Capex for Home Services increased 49 percent to Rs 4,968 million in Q4 from Rs 3,325 million and rose 49 percent to Rs 16,421 million in fiscal 2022 from Rs 11,009 million.

Airtel India’s Capex for Digital TV Services dropped 15 percent to Rs 3,143 million in Q4 from Rs 3,690 million, and rose 1 percent to Rs 13,027 million in fiscal 2022 from Rs 12,843 million.

Airtel India’s Capex for Airtel Business rose 21 percent to Rs 8,478 million in Q4 from Rs 7,006 million, and grew 32 percent to Rs 29,035 million in fiscal 202 from Rs 21,955 million.

Airtel Africa’s Capex rose 6 percent to $224 million in Q4 from $211 million, and grew 7 percent to $656 million from $614 million.

Airtel India had 326.0 million customers as on March 31, 2022, compared to 321.4 million in the same quarter last year, an increase of 1.5 percent. Voice traffic on the network grew 5.4 percent to 1,051 billion minutes during the quarter as compared to 997 billion minutes in the same quarter last year.

Airtel India’s 4G data customer base stood at 200.8 million, increased by 5.2 million QoQ and 21.5 million YoY. Total data traffic on the network stood at 11,849 billion MBs as compared to 9,207 billion MBs in the corresponding quarter last year.

Airtel India had 237,577 network towers as compared to 216,901 network towers in the corresponding quarter last year. Out of the total number of towers, 236,882 are mobile broadband towers. Airtel India had total 752,136 mobile broadband base stations as compared to 606,783 mobile broadband base stations at the end of the corresponding quarter last year and 748,335 at the end of the previous quarter.

Mobile revenues for the quarter stood at Rs 176,168 million, up 25.1 percent compared to Rs 140,798 Mn in the corresponding quarter last year.

Airtel India’s overall ARPU for the quarter was Rs 178 as compared to Rs 145 in the same quarter last year, increase largely on account of flow through of tariff revision in previous quarter.

EBITDA for the quarter was Rs 89,215 million vs Rs 66,897 million in the same quarter last year and Rs 79,434 million in the previous quarter. EBITDA margin was 50.6 percent during the quarter as compared to 47.5 percent in the corresponding quarter last year and 49.4 percent in the previous quarter.