The major telecom operators in the country are expected to report a 5 to 6.5 per cent quarter-on-quarter (QoQ) increase in average revenue per user (ARPU) in their upcoming Q3FY25 results, according to a report by Centrum.
Chennai has reported a remarkable 21.3 per cent quarter-on-quarter (QoQ) increase in rental yields, while Delhi saw a more modest but still notable 8.8 per cent rise.
This performance was primarily driven by a rise in Average Daily Rate (ADR), with a 2 per cent Quarter-on-Quarter (QoQ) increase in RevPAR compared to Q2 2024.
ARPU for the wireless segment of private telecom operators was positively impacted due to tariff hikes implemented in July'24.
Bharti Airtel continues to maintain its lead with ARPU of Rs 233/month for the quarter, up from Rs 211/month in first quarter of FY25
Despite a challenging market, the company achieved a growth in EBITDA margin to 13.14 per cent from 12.58 per cent year-over-year, driven by strategic cost management and robust domestic demand in its SUV segment.
Mumbai (Maharashtra) [India], November 7: Sonata Software (NSE: SONATSOFTW) (BSE: 532221), a leader in Modernization Engineering, today reported its unaudited financial results for its Quarter ended September 30, 2024.
Mumbai (Maharashtra) [India], October 30: STL (NSE: STLTECH), a leading optical and digital solutions company, today announced its financial results for the quarter ended 30 September 2024. STL reported revenues of INR 1,413 crore and EBITDA of INR 151 crore, demonstrating healthy 16% and 63
One97 Communications owned payments and financial services distribution company, Paytm has reported robust financial results for Q2FY25, with revenue growing by 11 per cent quarter-on-quarter (QoQ) to Rs 1,660 crore.
Bengaluru (Karnataka) [India], October 18: LTIMindtree [NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company, announced its consolidated results today for the second quarter ended Sep. 30, 2024, as approved by its Board of Directors.