Monday, March 03, 2025 | 12:51 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Bharti Airtel Q2 net profit falls 5 percent on higher costs

Image

Reuters MUMBAI

MUMBAI (Reuters) - India's top telecoms operator Bharti Airtel Ltd reported a nearly 5 percent fall in second-quarter profit on Tuesday hit by higher costs.

Consolidated net profit fell to 14.61 billion rupees ($218.80 million) for the three months to Sept. 30 from 15.36 billion a year earlier, Bharti said in a statement.

Analysts had expected the wireless operator to report a profit of 13.69 billion rupees, according to Thomson Reuters I/B/E/S.

Net sales rose 3.4 percent to 246.52 billion rupees.

($1 = 66.7723 rupees)

(Editing by Kenneth Maxwell and Jason Neely)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 25 2016 | 6:35 PM IST

Explore News