Bharti Airtel on Wednesday posted a consolidated net profit of Rs 854 crore in the quarter ended December 2020 (Q3 of FY21), after six straight quarters of losses. However, its Indian operations, despite a substantial improvement in financial performance, are still in the red — its net income from Indian operations, without considering exceptional items, was negative Rs 9.6 crore, compared with a loss of Rs 682.5 crore in the previous quarter.
While its average revenue per user (ARPU) went up by 2.4 per cent from Rs 162 in Q2 to Rs 166 this quarter, it was lower than that