Ncell income grew by over 1 billion for Q2 2021 Year on Year (YoY), following a decline in the first quarter compared to 2020. Meanwhile, the private telecom company’s data consumption has also shown a remarkable improvement of over 90%.
As per Ncell’s parent company Axiata’s quarterly report, the company accumulated revenues of NRs 10 Arab, 56 crores, and 30 lakhs (Rs 10,563 million). Between the same period in 2020, Ncell had collected NRs 9 Arab, and 54 crores (Rs 9,540 million). This highlights the growth of Ncell’s revenue by 1 Arab, 2 crores, and 30 lakhs.
Following the revenue increase, the EBITDA (Earnings before Interest, Taxes, Depreciation, and Amortization) grows by more than NRs 1.4 billion YoY.
Ncell Revenue Comparison
Meanwhile, the data consumption of Ncell has been pivotal for the company’s positive financial gains. The mobile data has contributed 25% to the total revenue for the private telco.
The company has also managed to increase the average revenue per unit subscriber (ARPU) from a total of Rs 190 (Q2, 2020) to Rs 211 (Q2, 2021).
The quarterly financial report also shows that Ncell’s data bandwidth has increased by an exceptional 90 percent. Ncell’s per customer data consumption reached 3,684 MB in Q2 2021. Compared to last year’s Q2 stats, this is an increase of 1,753MB. During April – June of 2020, the average customer data usage was 1931 MB. Check out all the latest Ncell data packs.
Ncell Average Data Consumption Per User
1,753 MB ↑
Ncell’s Q2 report would encourage the company as it incurred financial declines in Q1 due to the pandemic’s impact. Axiata in its quarterly report 2Q 2021 has said, Ncell was able to register “improved EBITDA margin despite revenue pressures, supported by disciplined cost management.”
How do you rate Ncell’s financial results and data usage improvement for Q2 2021? Do share with us your opinion in the comments and stay with us for more telecom news, information.