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BENGALURU (Reuters) – Bharti Airtel 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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