No major tariff hike, but telcos' Q1 revenue up 7.2%
Business Standard|September 06, 2024
Adjusted gross revenue (AGR) in the telecom sector rose 7.2 per cent yearon-year (Y-o-Y) to ₹61,400 crore in the first quarter (April-June) of financial year 2025 (Q1FY25), an impressive showing which surprised many analysts who point to the lack of a major tariff action by the telcos during the period.
SUBHAYAN CHAKRABORTY
No major tariff hike, but telcos' Q1 revenue up 7.2%

On a sequential basis, growth stood at 0.7 per cent.

"We are impressed telcos were able to grow revenues at a healthy pace despite no major change in tariffs, and premiumisation playing out nicely," an analyst note by ICICI Securities said.

ICICI Securities pointed out that calculated on an annualised basis, the FY25 industry AGR (including the National Long Distance service) may come in at ₹2.45 trillion.

هذه القصة مأخوذة من طبعة September 06, 2024 من Business Standard.

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هذه القصة مأخوذة من طبعة September 06, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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