Corporates

Bharti Airtel Q4 net surges 77% to Rs 5,223 crore

NEW DELHI: Bharti Airtel posted 77% growth in net profit in the March quarter at Rs 5,223 crore (before exceptional items), mainly on account of tariff hikes. The company posted a profit of Rs 2,952 crore in the same period a year ago. The company’s revenue from operations grew 27% to Rs 47,876 crore during the quarter under review from Rs 37,599 crore in the March 2024 quarter, it said in a regulatory filing. The growth for the company came as it benefitted from the tariff hike announced in the first week of July. Average revenue per user – a key metric to measure a telco’s business-grew about 17% to Rs 245 during the quarter from Rs 209 a year earlier.



Source link

creativebharatgroup@gmail.com

About Author

Leave a comment

Your email address will not be published. Required fields are marked *

You may also like

Corporates

Discounts come as Diwali gift as auto makers try to drive sales

NEW DELHI: The sudden slowdown in the car industry has meant that the discounts are not just in mere thousands,
Corporates

FPI trades, Q2 results to shape market trend

MUMBAI: Trading activities by foreign funds, quarterly earnings by a host of blue chip companies and Waaree Energies’ listing are