Bharti Airtel quarterly revenues up 3% on mobile data growth

(Telecompaper) Bharti Airtel reported revenues for its fiscal first quarter to June of INR 236.7 billion, up 3.1 percent from a year earlier. Growth was led by mobile data services, up 56.9 percent to INR 34.6 billion as data traffic grew 86.5 percent over the same period. EBITDA increased 6.4 percent to INR 82.6 billion, and the margin rose 1.1 percent points to 34.9 percent, driven by improved profitability in India. EBIT was up 14.2 percent to INR 42.2 billion, and net profit rose 40.2 percen