Consolidated revenue rose 13.3% to Rs. 22,962 crore during the quarter while mobile data revenue stood at Rs. 2,204 crore, a 73.9% growth year-on-year.
“Our revenue momentum in India has been sustained during Q1 with a growth of 11.8%. While the pace across all segments has been satisfying, mobile data and DTH stood out with 68.2% and 20.7% growth, respectively,” said Gopal Vittal, managing director and CEO, India & South Asia.
The company is bullish about data growth with 3G Internet speeds available in 13 circles in India and 17 countries in Africa, Sri Lanka and Bangladesh.
The company’s African subsidiary also improved its performance with a 17.5% growth in revenue year-on-year. The total value of transactions through Airtel Money grew 4.9 times to $ ,186 million during the current quarter compared to $448 million in the year-ago period.