Bharti Airtel Q3 net declines 39% to Rs 3.06 bn; ARPU down 15% at Rs 123

Revenue for the quarter declined 13% to Rs 203.18 bn

India's largest telecom operator Bharti Airtel today reported over 39 per cent fall in its consolidated net profit for the third quarter ended December 31, 2017 to about Rs 3.06 billion (Rs 306 crore).

The company's net profit stood at Rs 5.04 billion (Rs 504 crore) in the same period previous fiscal.

The company, which competes with the operators like Vodafone, Idea Cellular and newcomer Reliance Jio in the highly-competitive telecom market in India - saw its overall revenue declined 13 per cent to Rs 203.19 billion (Rs 20,319 crore).

Its revenue was pegged at Rs 233.36 billion (Rs 23,336 crore) in the