Bharti Airtel the country’s largest telecom operator in terms of subscribers on Wednesday reported that its Q3 net profit grew 115.1% to Rs 610 crore as compared to Rs 284 during the corresponding quarter last year.

 It is after 15 consecutive quarters of loss that the company has reported the growth in the net profit.

Revenue from its India operations grew 10.3% on strong growth in all segments while international revenue increased 18.5% during the quarter under review.

International revenues grew by 18.5% Y-o-Y in INR terms with Africa growing by 17.2% and South Asia by 44.8%. Net Revenue in Africa (after inter-connect costs and cost of goods sold) has grown by 21.6% Y-o-Yin INR terms.

Africa revenue in USD terms grew by 4.1% on sequential quarter basis led by a strong 16.8% increase in Data revenues. Mobile voice pricing in Africa remained stable at 3.31 cents per minute, and overall ARPU improved to US $ 5.8.

Consolidated EBITDA at Rs 7,093 crore grew by 22.8% Y-o-Y, with margin expanding to 32.3% from 29.8% from the corresponding quarter last year led by improved operational performance in India, which expanded EBITDA margin by 4.4% Y-o-Y. The resultant consolidated EBIT of RS 3,175 crore represents a Y-o-Y growth of 55.6%, with a 3.9% improvement in EBIT margin. The consolidated net income is RS 610 crore, as against Rs 284 crore in the corresponding quarter last year.

Consolidated Operating Free Cash Flows for the quarter at Rs 4,271 crore grew by 19.9% Y-o-Y.

Mobile voice realisation in India rose by 1.96 paise on a year-on-year to 37.13 paise in Q3 2014 from 35.17 paise in Q3 2013. Average revenue per user (APRU) from mobile services in India increased by Rs 9.7 to Rs 195. Data customer base increased by 31.2% to 54.4 million, coupled with 54.4% increase in usage per customer.

 “Our efforts over the last 12 months to improve the quality of customer acquisitions have resulted in significant reduction in customer churn. Our focus on superior internet experience has resulted in increased data adoption and usage. Data is now a huge source of revenue growth,” Bharti Airtel joint MD and CEO Gopal Vittal said in a statement.

Manoj Kohli, MD and CEO (international operations) said: “The international operations continued to achieve steady revenue growth. Africa had another quarter of strong growth from the 3G/Data and Airtel Money services across all its markets and we expect this trend to sustain due to large investments in brand and network. The market growth came back in Nigeria which is the largest telecom market in the continent.”