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Bharti Airtel Dec-quarter profit jumps, beats estimates

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Reuters
Last Updated : Feb 04 2015 | 5:15 PM IST

REUTERS - Bharti Airtel posted a better-than-expected quarterly profit as India's biggest telecommunications carrier by users and revenue added more subscribers.

For its third quarter ended Dec. 31, the company's net profit was 14.37 billion rupees ($232 million), more than double the 6.12 billion rupees a year earlier.

Analysts, on average, were expecting Bharti to post a profit of 13.81 billion rupees, according to Thomson Reuters data.

($1 = 61.8200 rupees)

(Reporting by Nivedita Bhattacharjee in Mumbai; Editing by Prateek Chatterjee)

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First Published: Feb 04 2015 | 5:05 PM IST

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