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Bharti Airtel Q2 net profit rises 10% at Rs 1523 crore

Bharti Airtel reports 10.1 percent rise in net profit for the second quarter of the fiscal.

The profit of India’s No 1 telecom carrier increases to Rs 1,523 crore from Rs 1,383 crore of previous year, however it fell from Rs 1,554 crore of the previous quarter.

Revenue hikes 4.3 percent on year to Rs 23,836 crore as the company has ended the quarter with 340 million customers across India, South Asia and Africa.

Gopal Vittal, MD and CEO, India & South Asia said in a statement that “Airtel’s revenue growth in India has accelerated to 13.3% in Q2 on an underlying basis, the highest in the last 12 quarters.”

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