| Bharti Q3 net zooms above Rs 1,000cr |
| Our Web Bureau / Mumbai January 23, 2007 |
| Bharti Airtel consolidated net profit, as per Indian GAAP, has zoomed over 90% to Rs 1,033.34 crore for the third quarter ended December 31, 2006 when compared with Rs 543.54 crore in the quarter ended December 31, 2005. According to a release issued by Bharti to the BSE today, the group's total revenue has surged nearly 62% to Rs 4,928.18 crore in Q3FY07 as against Rs 3,045.18 crore in Q3FY06. On a standalone basis, Bharti today reported a 93.7% rise in net profit at Rs 1,043.69 crore for Q3FY07 as against Rs 538.68 crore in the corresponding quarter a year ago. Total revenues rose nearly 61% to Rs 4,723.68 crore from Rs 2,936.03 crore a year ago. Following is the press release issued by Bharti today: Bharti Airtel announces results for the third quarter and nine months ended December 31, 2006 New Delhi, India, January 23, 2007: Q3 Revenue at Rs. 4,913 Cr ($1.1 Billion), Q3 EBITDA crosses Rs. 2,000 Cr, Q3 PAT exceeds Rs. 1,200 Cr Highlights: Highest ever-net addition of 50.19 lakh customers in a single quarter. Q3 Total Revenues of Rs.4,913 crore (up 62% Y-o-Y) Q3 EBITDA of Rs. 2,005 crore (up 79% Y-o-Y) Q3 Cash Profit of Rs. 2,137 crore (up 108% Y-o-Y) Q3 Net Profit of Rs. 1,215 crore (up 123% Y-o-Y) Bharti Airtel Limited ( |
