Telecom operator Bharti Airtel reported more than 2.5 times jump in its consolidated profit to Rs 4,160 crore in the April-June quarter of 2024-25 compared to the year-ago period driven by an improvement in average revenue per user and an exceptional gain of Rs 735 crore.
The company had posted a profit of Rs 1,612.5 crore in the same period a year ago.
The consolidated revenue from operations of Bharti Airtel increased by 2.8 per cent to Rs 38,506.4 crore during the reported quarter from Rs 37,440 crore in the June quarter of the last year. The consolidated capital expenditure of Bharti Airtel during the June quarter dropped by 23.44 per cent to Rs 8,007 crore from Rs 10,459 crore in the year-ago period. At the same time, India capital expenditure of Airtel declined by 27 per cent to Rs 6,781.2 crore from Rs 9,327 crore on YoY basis.
This story is from the August 06, 2024 edition of Millennium Post Delhi.
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This story is from the August 06, 2024 edition of Millennium Post Delhi.
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