BHARTI AIRTEL, THE country's second-largest telecom operator, on Tuesday posted an 89% jump in its net profit to ₹3,006 crore during the January-March quarter on the back of lower operating cost and tax-related adjustments. The company beat the Bloomberg consensus estimate of ₹2,881 crore.
Consolidated revenues rose 1% quarter-on-quarter (q-o-q) to ₹36,009 crore, led by additions in the 4G subscriber base, but was lower than Bloomberg's estimate of ₹36,744 crore. During the quarter, the company witnessed growth across all its verticals, barring digital TV and Africa mobile services.
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