Bharti Airtel Q1 Results: Net Profit Surges 2.5x to Rs 4,160 Crore, Revenue Up 2.8x
[ad_1]
Bharti Airtel Q1 Results.
Bharti Airtel Q1 Results: its consolidated revenue from operations during April-June 2024 surged 2.8 per cent to Rs 38,506.4 crore, from Rs 37,440 crore in the year-ago period.
Telecom operator Bharti Airtel on Monday reported more than 2.5 times jump in its consolidated profit to Rs 4,160 crore for the first quarter of the current financial year 2024-25. Its consolidated revenue from operations during April-June 2024 surged 2.8 per cent to Rs 38,506.4 crore, from Rs 37,440 crore in the year-ago period.
Bharti Airtel had posted a profit of Rs 1,612.5 crore in the corresponding period last year.
Bharti Airtel’s India revenue increased by 10.1 per cent to Rs 29,046 crore on a Y-o-Y basis.
Its mobile average revenue per user (ARPU), a key matrix to determine telecom operators growth, of Bharti Airtel in India increased to Rs 211 during the reported compared to Rs 200 in the same period a year ago.
Shares of Bharti Airtel on Monday fell Rs 27.75 or 1.86 per cent to Rs 1,466 apiece on the BSE, even as the domestic equities market witnessed a major fall during the day amid US recession fears.
[ad_2]
Source link
