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Airtel Q2 net profit rises 168% to ₹3,593 cr

The Morning Standard

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October 29, 2024

Company improved average revenue per user by 15% to ₹233 in the reporting quarter compared to ₹203 in Q2FY24

- RAKESH KUMAR

Airtel Q2 net profit rises 168% to ₹3,593 cr

BHARTI AIRTEL on Monday reported a 168% rise in its consolidated net profit to ₹3,593 crore for the quarter ending September 2024, up from ₹1,341 crore in the year-ago period.

The company also improved its average revenue per user (ARPU) by 15% to ₹233 in Q2FY25, compared to ₹203 in Q2FY24. Its consolidated revenues for the quarter were ₹41,473 crore, growing by 12.0% year-on-year and 7.7% quarter-on-quarter, driven by strong momentum in India and growth in constant currency in Africa.

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