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HomeNewsBusinessMoneycontrol ResearchTariff hikes ring in strong numbers for Airtel in Q4FY22
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Tariff hikes ring in strong numbers for Airtel in Q4FY22

Nitin Agrawal   •

Airtel's India and Africa operations remained strong. A growing subscriber base, coupled with tariff hikes, helped the company post a significant growth in revenues and operating margin

Bharti Airtel profit surges on tariff hike boost. Bharti Airtel nearly tripled its consolidated net profit for the fiscal fourth quarter, driven by the sharp tariff hikes taken last November which helped boost average revenue per user (ARPU), and one-time gains. Consolidated net profit of Rs 2008 crore in the March quarter from Rs 759 crore. Revenues for the quarter grew by 22% to Rs 31500 crore. Airtel continues to have the highest ARPU at Rs 178 from Rs 163 in the December quarter.

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This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More