Q2-2015: Airtel Digital TV y-o-y revenue grows 23 per cent, subscriber base up 11.3 per cent

Q2-2015: Airtel Digital TV y-o-y revenue grows 23 per cent, subscriber base up 11.3 per cent

BENGALURU: India headquartered communications giant Bharti Airtel Limited (Airtel)’s digital TV (DTH) segment reported a y-o-y growth in Q2-2015 (current quarter) in revenue of 23 per cent to Rs 626.3 crore as compared to the year ago revenue of Rs 507.2 crore. Q-o-q, the company reported a growth of 5.4 per cent from Rs 591.5 crore. For HY-2015, revenue at Rs 1217.8 crore was 22 per cent more than the Rs 997.2 crore in HY-2014.

 

Note:  100,00,000 = 100 lakh = 10 crore = 1 crore.

 

EBITDA for the quarter increased to Rs 152.9 crore as compared to Rs 64.6 crore in the corresponding quarter last year. EBITDA margin improved significantly to 24.4 per cent in the current quarter, as compared to a margin of 12.7 per cent in the corresponding quarter last year.

 

During the current quarter, the Company incurred a capital expenditure of Rs 225.5 crore. Cash burn during the quarter at Rs 72.6 crore has increased, compared to Rs 39.6 crore in the corresponding quarter last year, primarily on account of seasonal build-up of boxes says the company.

 

Subscription numbers:

 

The company reported a 1.6 per cent increase in subscriber base to 9.54 million in Q2-2015 from 9.388 million in Q1-2015 and 11.3 per cent more than the 8.572 million in Q2-2014.

 

Net subscriber additions for the quarter dipped 60 per cent to 151,000 from 376000 in Q1-2015, but was 11 per cent more than the 120,000 subscribers added in the corresponding year ago quarter Average revenue per quarter (arpu) in Q2-2015 was 3 per cent more at Rs 220 from Rs 214 in Q1-2015 and 11 per cent more than Rs 198 in Q2-2014. Monthly churn in Q2-2015 was higher than the 0.6 per cent in Q1-2015 and 1 per cent in Q2-2014.

 

Bharti Airtel’s consolidated highlights for the second quarter ended September 30, 2014

 

Customer base crossed mark of 30 crore and stands at 30.37 crore across 20 countries, up 8.4 per cent y-o-y.

 

Consolidated total revenues at Rs 22,845 crore, up by 7.1 per cent y-o-y.

 

India revenues up 12.3 per cent; Africa revenues (in local currency) up 6.4 per cent y-o-y.

 

Consolidated Mobile Data revenue at Rs 2,540 crore, up by 66.7 per cent y-o-y; growth across geographies.

 

Consolidated EBITDA at Rs 7,705 crore, up by 12.1 per cent Y-o-y, EBITDA margin up 1.5 per cent y-o-y.

 

India EBITDA margin at 38.3 per cent, up by 3.2 per cent y-o-y.

 

Net Income at Rs 1,383 crore, up by 170.2 per cent y-o-y.