Airtel Expands ARPU Lead as Data Demand Fuels Q1 Net Profit and Revenue Growth

Bharti Airtel, one of India’s leading telecommunications companies, has reported a significant surge in its Q1 net profit and revenue, driven by the increasing demand for data services. The company’s average revenue per user (ARPU) has expanded, further widening its lead over rivals like Reliance Jio. Airtel’s Q1 net profit rose to ₹2,008 crore, up from ₹1,470 crore in the same period last year, marking a growth of 36.6%. The company’s revenue from operations also increased to ₹32,805 crore, up from ₹29,867 crore in Q1 last year, representing a growth of 9.9%. The growth in revenue was driven by a 24.4% increase in data traffic, with the average data usage per customer rising to 18.3 GB per month. Airtel’s ARPU expanded to ₹183, up from ₹162 in the same period last year, outpacing the industry average. The company’s customer base also expanded, with the total number of customers rising to 32.8 crore, up from 31.8 crore in Q1 last year. Airtel’s 4G customer base also grew, with the number of 4G customers rising to 17.4 crore, up from 15.4 crore in Q1 last year. The company’s 4G data traffic also increased, with the average 4G data usage per customer rising to 14.4 GB per month. The growth in data demand has been driven by the increasing adoption of digital services, including online education, entertainment, and commerce. Airtel has been investing heavily in expanding its 4G network, with the company adding over 10,000 new sites in Q1. The company has also been focusing on improving its customer service, with the launch of new digital channels and the expansion of its customer care network. Reliance Jio, Airtel’s rival, also reported a surge in its Q1 net profit and revenue, driven by the increasing demand for data services. However, Airtel’s ARPU expansion and revenue growth outpaced that of Jio, further widening its lead in the market. The Indian telecom market is expected to continue growing, driven by the increasing demand for data services and the expansion of digital services. Airtel is well-positioned to benefit from this growth, with its expanding 4G network and improving customer service. The company’s focus on digital transformation and innovation is also expected to drive growth, with the launch of new services and platforms. Airtel’s Q1 results have been well-received by investors, with the company’s stock price rising by over 2% in trading on the Bombay Stock Exchange. The company’s growth is expected to continue, driven by the increasing demand for data services and the expansion of digital services. Airtel’s expanding ARPU lead and revenue growth are expected to further widen its lead over rivals like Reliance Jio. The Indian telecom market is expected to continue growing, driven by the increasing demand for data services and the expansion of digital services. Airtel is well-positioned to benefit from this growth, with its expanding 4G network and improving customer service.

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