India revenues at Rs 15797 cr were up 7% year-on-year (Y-o-Y). Consolidated EBITDA was at Rs 9350 cr while the EBITDA margin at 42.6%, the company said in an exchange filing
Consolidated Mobile data traffic on the network grew 73% Y-o-Y.
— Overall customer base stands at 419 million across 16 countries
— Consolidated total revenues at Rs 21,947 crore, up 8.5% Y-o-Y. (Underlying growth of 10.5% Y-o-Y)
— India revenues up 7.0% Y-o-Y (9.7% on an underlying basis); Africa revenues up 14.2% Y-o-Y
— Mobile data traffic on the network grew to 5,357 PBs in the quarter; growth of 73% Y-o-Y
— Highest ever 4G subscriber additions during the quarter at ~ 21 Mn
— Consolidated EBITDA at Rs 9,350 crore. Consolidated EBITDA margin at 42.6%, up 11.4% Y-o-Y
— India EBITDA margin at 41.2%, up 13.3% Y-o-Y
— Africa EBITDA margin at 45.1%, up 6.1% Y-o-Y
— Net Loss (before exceptional items) for Q3’20 at Rs 1,080 crore
— Net Loss (after exceptional items) for Q3’20 at Rs 1,035 crore
— Total Capex spend for the quarter of Rs 5,183 crore
“In the previous quarter, arising from a judgment of the Hon’ble Supreme Court of India on October 24, 2019 (‘Court Judgement’), in the absence of any potential reliefs from the Government, the Group had recorded as a liability/provision an aggregate of Rs. 34,260 crore as of September 30, 2019 (of which Rs. 28,450 cr was recorded in the previous quarter as exceptional item). The Court Judgement was in relation to a long outstanding industry-wide case upholding the view considered by Department of Telecommunications (‘DoT’) in respect of the definition of Adjusted Gross Revenue (‘AGR’),” the company said on the issue of AGR, the company in the exchange filing said.
The company announced its December Quarter results after market hours.
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On Tuesday, shares of Bharti Airtel ended at Rs 519.10 on the Sensex, up by 1.7% from the previous close.