Bharti Hexacom shares zoom 4% after Q3 PAT, revenue jump over 20% YoY

The shares of Bharti Hexacom zoomed 3.8% in intraday trade to a day’s high of Rs 1,360.75 on the BSE company, following Thursday’s market closing, reported a net profit of Rs 261 crore for the quarter ended December 31, 2024, up 23%, while revenue increased by 25% year-on-year (YoY).

The net profit of the company stood at Rs 213 crore in the year-ago period.

The company posted quarterly revenues of Rs 2,251 crore, up from Rs 1,800 crore posted in the corresponding quarter of the previous financial year.

The profit after tax (PAT) increased by 3% sequentially, compared to Rs 253 crore in Q2FY25, while revenue saw a 7.3% quarter-on-quarter rise from Rs 2,098 crore in the July-September quarter of FY2025.

The company filing stated that mobile services revenues increased by 25.5% year-on-year, driven by tariff adjustments, strong growth in smartphone customer additions, and sustained improvement in the revenue mix.

The earnings before interest, taxes, depreciation, and amortization (EBITDA) for the reported quarter stood at Rs 1,194 crore, with the EBITDA margin reaching 53%, reflecting a year-on-year increase of 516 basis points.Also read: BSE shares in focus after Q3 profit doubles to Rs 220 crore

The net customer additions of 44,000 were driven by growth in both FTTH and FWA.

The net income (before exceptional items) stood at Rs 363 crore, marking a 70.7% year-on-year increase. The company’s net debt (excluding lease obligations) to EBITDAaL ratio (annualized) was reported at 1.03 times.

Meanwhile, the company’s net debt (excluding lease obligations) to EBITDAaL ratio (annualised) was at 1.03 times.

The shares of Bharti Hexacom closed nearly 3% lower at Rs 1,311.20 on the BSE on Thursday.

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