This is the third quarterly loss in a row for the firm; revenues, ARPU improve
The company released its operating highlights for the three months ended September 2019 in a regulatory filing to the BSE, but postponed the release of its Q2 earnings to November 14
The telco's close shave with net loss was saved by deconsolidation of Airtel Payments Bank worth Rs 1,017 crore
Net profit for the three months through December 31 was Rs 86.2 crore ($12.13 million) compared with a profit of Rs 306 crore in the year-earlier quarter
India wireless revenue falls 22%, downtrend continues for fifth quarter in a row
Revenue for the quarter declined 13% to Rs 203.18 bn