Gaining two spots in the list of BW Real 500 Companies is Bharti Airtel, one of the largest homegrown consumer brands to have emerged out of India. Over the last 25 years, Bharti Airtel has grown to become a global communications solutions provider with over 471 million customers in 18 countries across South Asia and Africa. It gained two spots in the BW Real 500 Companies list this year based on increased revenue.

For FY21, Bharti Airtel reported narrowing of its consolidated net loss to Rs 15,084 crore from Rs 32,183 crore in FY20. The company's revenue increased by 18.8 per cent year-on-year (YoY) to Rs 1,00,616 crore during the fiscal year, while earnings before interest, tax, depreciation and amortisation (EBITDA) stood at Rs 46,139 crore. EBITDA margin expanded 479 basis points YoY to 45.9 per cent. "The company continues to garner a strong share of the 4G net ads in the market. 4G data customers increased by 31.5 per cent YoY to 179.3 million, an addition of approximately 43.0 million 4G customers over the last 4 quarters," Bharti Airtel had said in a statement.

Addressing the shareholders, Sunil Bharti Mittal, Chairman, Bharti Airtel said, "Our India mobile business is now at a lifetime high revenue market share along with industry-leading metrics such as ARPU and data usage. With our large investments in networks and spectrum, we are well positioned to lead in the introduction of emerging technologies such as 5G."

Airtel’s Fiber to Home footprint is rapidly expanding across India to serve the demand for quality high-speed Wi-Fi in households. "We now have over 3 million connected broadband homes and about 18 million digital TV customers. Our enterprise business, with a revenue of $2 billion, has now become a big growth engine," Mittal said. "We have the opportunity to transform India into a global leader in the digital economy. Airtel is ready to play its part," he added.

BW Real 500 - Non Financial #14: Bharti Airtel On A Customer Winning Spree