Bharti Airtel Q3: Revenue, EBITDA Up; Profit Softens Amid Strong Operational Growth

• Bharti Airtel reported a healthy operational performance in Q3, with consolidated revenue up 3.5% QoQ to ₹53,982 crore and EBITDA up 4% QoQ to ₹30,782 crore.
• Net profit marginally declined by 2.4% QoQ to ₹6,630.5 crore, despite strong revenue and EBITDA growth.
• India mobile revenue grew 9.1% YoY, driven by ARPU improvement to ₹259 and a 20.8 million YoY increase in smartphone data customers.
• Africa continued strong performance with 5.8% constant currency revenue growth, while the Homes business saw 32.6% YoY revenue growth and record customer additions.
• Airtel formed strategic partnerships with Google for India's first AI hub in Visakhapatnam, IBM for Airtel Cloud, and secured a cybersecurity contract from Indian Railways.