The company had posted net profit of Rs 1,108.5 crore in the April-June quarter of last fiscal.
Riding on the mobile Internet boom, telecom major Bharti Airtel on Tuesday reported about 40% jump in consolidated net profit to Rs 1,554.3 crore in the first quarter of the current financial year.
The company had posted net profit of Rs 1,108.5 crore in the April-June quarter of last fiscal.
During the quarter ended June 30, 2015-16, it saw 86.5% year-on-year traffic growth in the mobile data business.
Its consolidated total sales grew by 2.9% to Rs 23,680.8 crore, as against Rs 23,005.5 crore in the first quarter of 2014-15.
"Our customer base has continued to steadily expand. Mobile minutes and data traffic have grown by 7.4% and 83.4% respectively. I am pleased that our revenue growth is broad based across all business units, especially the domestic enterprise and corporate segment," Bharti Airtel MD and CEO, India & South Asia Gopal Vittal said in a statement.
India revenues reported a growth of 10% y-o-y basis, led by 22.2% in Airtel business (B2B) and 15.8% in Digital TV.
"Mobile Data revenue at Rs 2,609 crore registered a growth of 67.3% y-o-y in India, uplifted by increase in the Data customer base by 25.8% and traffic by 83.4%," the statement said.
Average data revenue per user of the company moved up by Rs 42 to Rs 181 in the reported quarter, an increase of 42.7% in data usage per customer.
Mobile data revenues contributed 19.2% of Mobile India revenues in the first quarter, compared to 12.4% in year-ago period.
Total customer base of Bharti Airtel stood at 331.86 million at the end of the quarter under review.
The company saw decline in its Africa business with net loss before exception item widening to Rs 976.8 crore in the reported quarter compared to Rs 820 crore loss it posted under same head.
Bharti Airtel Africa revenue declined by 11.6% to Rs 6,159.5 crore, compared to Rs 6,968.5 crore in the first quarter of last fiscal.
The company, however, saw 1% y-o-y increase in Africa revenue in constant currency terms.
Data revenues in Africa stood at US $128 million with growth of 48.5% on annual basis, the statement said.
The company saw increase in active Airtel Money customer base increase to 7 million, boosting the total transaction values on Airtel Money platform by 72.6% to US $3.3 billion.
Bharti Airtel's stock closed at Rs 413.7, down by 1.25%, on the BSE.
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