Bharti Airtel has posted a profit of Rs.83 crore for the quarter ended March 31,2018, this is 78% lower than the profit for the same quarter in the year ago quarter, which came in at Rs.373 crore.
The company’s revenue was down 3% at Rs.19,634 crore, against Rs,20,318 crore in the previous quarter. On a YoY basis, the revenue has fallen by 10%. At an operating level, the EBITDA fell 7% (down 12 per cent year-on-year) at Rs 7,034 crore, against Rs 7,587 crore QoQ, while the operating margin came in at 35.8%, down from 37.3 per cent QoQ. The margin was reported at 36.4% in Q4 of FY17.
Furthermore, its India revenues were reported 13% lower YoY at Rs.14,796 crore, while the India EBITDA is reported at Rs.5,237.2 crore, down 22%t YoY. The operating margin is reported at 35.4%, down 390 basis points year-on-year.