Idea had 3.1mn active 3G subscribers with average usage of 375MB and incremental ARPU of Rs88 as of Q1 FY13
(Rs m) | Q1 FY13 | Q4 FY12 | % qoq | Q1 FY12 | % yoy |
Net sales | 55,037 | 53,697 | 2.5 | 45,207 | 21.7 |
Access and I/C charges | (9,687) | (9,144) | 5.9 | (7,321) | 32.3 |
Network opex | (13,406) | (12,579) | 6.6 | (11,783) | 13.8 |
License fees | (6,017) | (7,373) | (18.4) | (5,116) | 17.6 |
Personnel costs | (2,740) | (2,548) | 7.5 | (2,110) | 29.8 |
S G & A expenses | (8,832) | (8,483) | 4.1 | (6,837) | 29.2 |
Operating profit | 14,355 | 13,571 | 5.8 | 12,040 | 19.2 |
OPM (%) | 26.1 | 25.3 | 81 bps | 26.6 | (55) bps |
Depreciation | (8,325) | (7,844) | 6.1 | (7,026) | 18.5 |
Interest | (2,670) | (2,275) | 17.4 | (2,463) | 8.4 |
PBT | 3,361 | 3,453 | (2.7) | 2,551 | 31.8 |
Tax | (1,019) | (1,063) | (4.1) | (778) | 31.0 |
Effective tax rate (%) | 30.3 | 30.8 | (45) bps | 30.5 | (17) bps |
Reported PAT | 2,341 | 2,390 | (2.0) | 1,773 | 32.1 |
PAT margin (%) | 4.3 | 4.5 | (20) bps | 3.9 | 33 bps |