Economy · India
Airtel Reports 37% Profit Jump on Higher Tariffs and Customer Growth
Bharti Airtel announced a 37.3% increase in net profit for the first quarter, reaching ₹8,167 crore. This growth was attributed to higher mobile tariffs and a significant influx of new customers. The company's consolidated revenue rose by 18.4% to ₹58,539 crore. Average revenue per user (ARPU) also saw an increase. Analysts had projected a 15% revenue growth and a 2% ARPU rise for the quarter.
How outlets across the spectrum covered it
Left 2 · Centre 5 · Right 0 n = 7
- Left (2): The Hindu, The Telegraph (India)
- Centre (5): Business Standard, Mint, The Free Press Journal, The Times of India, The Tribune