| Bharti Airtel FY07 net doubles to Rs 4,062 cr |
| Our Web Bureau / Mumbai April 27, 2007 |
| Bharti Airtel today reported a 160% increase in consolidated net profit, as per Indian GAAP, for the quarter ended March 31, 2007 at Rs 1,318.56 crore as against Rs 506.79 crore in the corresponding quarter a year ago. According to a release issued by Bharti to the BSE today, total income in Q4FY07 grew 58.3% to Rs 5,398.77 crore from Rs 3,410.25 crore in Q4FY06. Bharti Airtel's FY07 consolidated net doubled to Rs 4,062.01 crore when compared with Rs 2,027.95 crore in FY06. The total income increased 58% to Rs 18,532.11 crore from Rs 11,725.49 crore. Sunil Bharti Mittal, chairman & managing director, Bharti Airtel, said: "The Indian telecom sector has witnessed unprecedented growth this year led by the mobile segment. At Bharti Airtel, this has been a year of accelerated growth and market leadership, and we are delighted to be leading the telecom revolution in the country. The demand for telecom services across all segments remains buoyant, and we believe that this growth momentum can be sustained. We are confident that Bharti Airtel |
