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Airtel Q3 Profit Jumps Over 5-Fold to ₹16,135 Cr
Hindustan Times Ranchi
|February 07, 2025
Bharti Airtel on Thursday reported more than a five-fold jump in consolidated net profit to ₹16,134.6 crore, boosted by the consolidation of the Indus Tower business and the benefits of tariff hikes flowing into the quarter.
NEW DELHI:
The company had posted a consolidated profit of ₹2,876.4 crore in the year-ago period.
India's second-largest telecom company posted quarterly revenue from operations of ₹45,129.3 crore, about 19% higher than the ₹37,899.5 crore it posted in the year-ago period.
"Bharti Airtel posts consolidated quarterly revenues of ₹45,129 crore—up 19.1% YoY driven by strong underlying momentum in India, sustained constant currency growth in Africa and Indus Tower Ltd consolidation effective November 19, 2024," the company said in a statement.
The average revenue per user (ARPU), a key financial performance metric, rose to ₹245 in the December quarter from ₹208 in the year-ago period.
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