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Airtel reports 54% growth in net profit to ₹2,442 cr in Q3, ARPU rises by ₹15
The Morning Standard
|February 06, 2024
BHARTI AIRTEL, country’s second-largest telecom service provider, reported a 54% growth in its consolidated net profit to 2,442 crore for the quarter ending December 31, 2023. The company posted a consolidated profit of 1588 crore for the same period the previous year.
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The company’s average revenue per user ARPU) witnessed a rise of 15, reaching 208 in the quarter compared to 193 in the third quarter of the previous year. The company attributed its ARPU growth to a consistent strategy of acquiring high-value customers and improved realisations.
This story is from the February 06, 2024 edition of The Morning Standard.
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