Business Standard

Bharti Airtel rallies 10% on strong operational performance in Q2

Bharti Airtel's India business, monthly ARPU, an important matrix to gauge the telco's performance, rose to Rs 162 from Rs 128 a year ago and Rs 157 in the June 2020 quarter.

Bharti Airtel
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SI Reporter Mumbai
Shares of Bharti Airtel moved up 10 per cent to Rs 476 on the BSE in early morning deals on Wednesday, after the company reported strong operating performance with beat on average revenue per user (ARPU), subscriber addition and margins for the July-September 2020 quarter (Q2FY21). 

Bharti Airtel’s India business, monthly ARPU, an important matrix to gauge the telco's performance, rose to Rs 162 from Rs 128 a year ago and Rs 157 in the June 2020 quarter. 4G data customers at 152.7 million were up by 14.4 million for the quarter, the company said in a press release.

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