Airtel's Dec quarter profit jumps 55%
Mint Mumbai|February 06, 2024
Bharti Airtel's consolidated net profit in the quarter ended December rose nearly 55% year-on-year to ₹2,442 crore, helped mostly by subscriber additions and arise in average revenue per user.
Gulveen Aulakh
Airtel's Dec quarter profit jumps 55%

India's second-largest telecom operator by subscribers posted revenues of ₹37,900 crore during the quarter, up 5.9% from the same period a year ago, backed by a strong and consistent performance by India operations, which recorded quarterly revenues of ₹27,811 crore, up 11.4% year-on-year.

However, a devaluation of African currencies impacted the company's consolidated numbers for the quarter.

"Revenue from India business sustained its momentum and grew sequentially by 3%, while the consolidated revenue was impacted by the devaluation of the Nigerian Naira and Malawian Kwacha," Bharti Airtel managing director Gopal Vittal said.

هذه القصة مأخوذة من طبعة February 06, 2024 من Mint Mumbai.

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هذه القصة مأخوذة من طبعة February 06, 2024 من Mint Mumbai.

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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