Bharti Airtel reported a strong Q3 FY23 with a 54% rise in net profit to Rs 2,442.2 crore, driven by growth in revenue and user base.
Photograph: Rupak De Chowdhuri/Reuters
New Delhi, Feb 5 (PTI) Bharti Airtel on Monday posted a 54 per cent jump in consolidated net profit to Rs 2,442.2 crore in the December quarter.
Bharti Airtel had registered a profit of Rs 1,588.2 crore in the year-ago period, the company said on Monday.
The consolidated revenue from operations during the third quarter of the ongoing fiscal grew 5.8 per cent to Rs 37,899.5 crore from Rs 35,804.4 crore in the December 2022 quarter.
India revenue of Airtel grew 11.4 per cent year-on-year to Rs 27,811 crore during the quarter.
Its average revenue per user in the country grew 7.7 per cent to Rs 208 from Rs 193 a year ago.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
© 2024 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback