Bharti Airtel Q4 profit misses estimates, reports first Arpu dip in five years

New Delhi: Bharti Airtel reported a 33.5% year-on-year (y-o-y) fall in fourth-quarter profit on Wednesday due to one-time items and a high base effect, even as revenue growth remained steady despite a rare sequential dip in average revenue per user (Arpu).

Arpu slipped for the first time in five years to ₹257 per month from ₹259 in the preceding quarter, reflecting slowing monetization momentum amid the absence of tariff hikes. On a yearly basis, however, Arpu rose 4.9%, aided by premium users and subscriber additions.