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Bharti Airtel Q2 profit up 89% YoY; revenue jumps 22% at Rs 34,527 crore

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BENGALURU (Reuters) – Ltd, India’s No.2 telecom carrier by subscribers, reported a near 22% rise in second-quarter revenue on Monday, helped by 4G subscriber additions.


The company’s consolidated revenue from operations was 345.27 billion Indian rupees ($4.17 billion) for the three months ended Sept. 30, compared with 283.26 billion rupees a year ago.


Analysts, on average, were expecting revenue of 339.21 billion rupees, according to Refinitiv IBES data. ($1 = 82.8110 Indian rupees)


 


(Reporting by Rama Venkat in Bengaluru; Editing by Savio D’Souza)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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