Airtel Q1 Results: Net profit jumps 467% on year; 1 time gain, 4G user adds help

“This has been another solid quarter. We continue to deliver strong and sustained growth at 4.5% sequentially. EBITDA margins are now at 50.6%,” Gopal Vittal, MD and CEO, said in a statement Monday.He added that Airtel’s strategy of winning with quality customers continues to yield good results with an industry beating ARPU at Rs 183.

Airtel Q1 Results: Net profit jumps 467% on year; 1 time gain, 4G user adds help
“This has been another solid quarter. We continue to deliver strong and sustained growth at 4.5% sequentially. EBITDA margins are now at 50.6%,” Gopal Vittal, MD and CEO, said in a statement Monday.He added that Airtel’s strategy of winning with quality customers continues to yield good results with an industry beating ARPU at Rs 183.