Airtel Q4 Results out Rs. 18,729 cr Revenue, Rs. 1,006 cr Income (PR)

Airtel  has posted their Q4 result. While their numbers have grown crossing 250 million subscribers across 20 countries, and revenues are up by 20% year over year, the overall profit dropped from Rs. 1,401 crore to Rs. 1,006 crore. Airtel blames this on higher costs on account of 3G license fee amortization (Rs 106 crore), 3G interest costs (Rs 84 crore), forex fluctuation losses (Rs 132 crore) and tax provisions (Rs 198 crore). 

In India alone, the company saw a growth of  11.6% for the full year which was resulted due to stability in pricing accompanied by robust growth in customer numbers. The full year Revenues were up 20% year over year to Rs. 71,451 crore, while net income for the year ending March 2012 was 4,259 crore  lower from FY 11: Rs. 6,047 crore, Airtel says this was impacted by higher costs on account of 3G license fee amortization (Rs 593 crore), 3G interest costs (Rs 421 crore), forex fluctuation losses (Rs. 422 crore) and tax provisions (Rs. 481 crore). 

 I am pleased that the year has ended with the Company’s customer base crossing 250 million across twenty countries, the twentieth country being Rwanda. Our launch of 4G LTE, the first in India, is testimony to our commitment to the broadband agenda. The recent regulatory developments in India will have significant implications on the future of telephony and broadband, as well as India’s global competitiveness. The entire industry looks to the Government for a fair, transparent and sustainable telecom regime “

–Mr. Sunil Bharti Mittal, Chairman & Managing Director, Bharti Airtel Limited 

 

 Highlights for the fourth quarter ended March 31, 2012 

•  Overall customer base stands at 252 million, across 20 countries. 
•  Total revenues at ` 18,729 crore, up by 15% Y-o-Y. 
•  India & South Asia revenues at ` 13,421 crore, up by 10.5% Y-o-Y. 
•  Africa revenues at $1,071 million, up by 15.9% Y-o-Y. In Rupee terms, Africa revenue growth is at 28.8%. 
•  Consolidated EBITDA of ` 6,233 crore, up by 13.7% Y-o-Y. EBITDA margin at 33.3%. 

Highlights for the year ended March 31, 2012 

•  Total revenues at ` 71,451 crore, up by 20.0% Y-o-Y. 
•  India & South Asia revenues at ` 51,893 crore, up by 11.6% Y-o-Y. 
•  Africa revenues at $4,137 million, up by 43.7% Y-o-Y. In Rupee terms, Africa revenue growth is 51.5%.
•  Consolidated EBITDA of ` 23,712 crore, up by 18.1% Y-o-Y. Full year EBITDA margin at 33.2%.