Profit

Bharti Airtel Q2 Net Profit Falls 5% On Higher Costs

 Share
EMAIL
PRINT
COMMENTS
Bharti Airtel Q2 Net Profit Falls 5% On Higher Costs

Bharti Airtel Q2 consolidated net profit drops to Rs 1,461 crore from Rs 1,536 crore in year-ago period.


Mumbai: India's top telecoms operator Bharti Airtel Ltd reported a nearly 5 per cent fall in second-quarter profit on Tuesday hit by higher costs.

Consolidated net profit fell to Rs 1,461 crore ($218.80 million) for the three months to Sept. 30 from Rs 1,536 crore a year earlier, Bharti said in a statement.

Analysts had expected the wireless operator to report a profit of Rs 1,369 crore, according to Thomson Reuters I/B/E/S.

Net sales rose 3.4 per cent to Rs 24,652 crore.

($1 = Rs 66.7723)
© Thomson Reuters 2016


(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)


Get Breaking news, live coverage, and Latest News from India and around the world on NDTV.com. Catch all the Live TV action on NDTV 24x7 and NDTV India. Like us on Facebook or follow us on Twitter and Instagram for latest news and live news updates.

NDTV Beeps - your daily newsletter

................................ Advertisement ................................

................................ Advertisement ................................

................................ Advertisement ................................

Top