Bharti Hexacom Ltd Q3 FY25 Results

Summary

Bharti Hexacom Limited, a communications solutions provider, has announced its audited results for the third quarter ended December 31, 2024. The company posted quarterly revenues of Rs 2,251 crore, a 25.0% year-over-year (YoY) increase and a 7.3% quarter-over-quarter (QoQ) growth. Mobile services revenues increased by 25.5% YoY, driven by tariff repair, strong smartphone customer additions, and sustained mix improvement. The Homes and Office business continued on a strong growth trajectory with revenue increasing by 18.7% YoY. The company reported solid net customer additions of 44 K, driven by growth in both FTTH and FWA. EBITDA stood at Rs 1,194 crore with a margin of 53.0%, up by 516 bps YoY. EBITDAaL was at Rs 1,042 crore with a margin of 46.3%, up by 564 bps.

Key Highlights

1. 1

   Q3 FY25 revenues of Rs 2,251 crore, up 25.0% YoY and 7.3% QoQ

2. 2

   Mobile services revenues up 25.5% YoY

3. 3

   Homes and Office business revenue up 18.7% YoY

4. 4

   EBITDA at Rs 1,194 crore with margin of 53.0%

5. 5

   EBITDAaL at Rs 1,042 crore with margin of 46.3%

6. 6

   Smartphone data customers up by 1.9 Mn YoY, 75% of overall mobile customer base

7. 7

   Mobile ARPU increased to Rs 241 in Q3’25 vs Rs 200 in Q3’24

8. 8

   Mobile data consumption up by 25.3% YoY, consumption per customer at 26.2 GB per month

9. 9

   Homes and Office business customer net additions of 44 K were highest in any quarter