Airtel FY 2014 result: revenues up 12%, mobile data up 93%

Telecom carrier Bharti Airtel today said its FY 2014 revenue rose 11.5 percent to Rs 85,746 crore, while net profit grew 21.8 percent to Rs 2,773. Mobile data that increased 93.4 percent to Rs 1,900 crore in Q4 FY 2014 was one of the growth drivers.

Sunil Mittal-promoted Bharti Airtel said its Q4 FY 2014 revenue rose 13.5 percent to Rs 22,219 crore, while net profit grew 89.1 percent to Rs 962 crore. India income increased 11.6 percent and income from international operators increased 17.2 percent.

Airtel India

Airtel said its India revenue in fiscal 2014 grew 9.8 percent to Rs 57,556 crore from Rs 52,386 crore. In Q4 FY 2014, Airtel revenue rose 11.8 percent to Rs 14,910 crore from Rs 13,357 crore.

Bharti Airtel India said its 3G subscriber base increased 16 percent to 10.98 million in Q4 FY 2014 from 9.48 million in Q3 FY 2014.

Total data user base of Bharti Airtel India increased 7 percent to 58.07 million from 54.42 million

Data usage rose 20 percent to 46,690 million MB.

Data usage per user grew 11 percent to 277 MB.

Airtel ARPU increased 5 percent to Rs 79. Total ARPU increased 1 percent to Rs 196.

Bharti Airtel’s 3G sites increased to 31,301 from 28,179. The number of overall telecom sites grew to 138,755 from 137,069.

The annual Capex (capital spending) of Airtel India decreased 26 percent to Rs 6,096 crore.

On the other hand, Idea Cellular, its rival, earlier said its 3G sites expanded to 21,381 from 19,904. Idea Cellular total number of sites increased to 104,778 from 101,600.

ALSO READ: Idea Cellular FY 2014 result: Revenues up 17%, adds 5.1 mn 3G users

Idea Cellular said its FY 2014 revenue rose 17.3 percent to Rs 26,518.9 crore. Profit grew 94.6 percent to Rs 1,967.8 crore from Rs 1,010.9 crore.

Gopal Vittal, CEO, Airtel India

Q4 FY 2014

Airtel said mobile voice realization in India improved by 2.08p to 37.07p per minute. Mobile data revenue from India rose 89.2 percent to Rs 1,325 crore, while Telemedia, DTH and Airtel Business registered double digit revenue growth. International revenues grew 17.2 percent with Africa growing by 16.4 percent and South Asia by 30 percent.

FY 2014

Mobile data revenue increased 96.3 percent, DTH 27.5 percent, Airtel Business 19.1 percent and South Asia 41.2 percent.

Gopal Vittal, MD and CEO, India & South Asia, said: “Network and spectrum investments, a refreshed IT strategy, innovative service platforms and an energised organization will enable sustained growth in India and South Asia.”

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