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Airtel profit falls 38% to ₹1,341 crore, ARPU rises to ₹203
The Morning Standard
|November 01, 2023
TELECOM service provider Bharti Airtel's consolidated net profit declined by 37.5% year-on-year (YoY) to ₹1,341 crore for the July-September quarter due to the payments towards a one-time licence fee.
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The company's net profit stood ₹2,145 crore in the same period a year ago. Consolidated net income (before exceptional items) came in at ₹2,960 crore, up by 44.2% YoY. Airtel's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) came at ₹19,665 crore, with an EBITDA margin of 53.1%, up 176 basis points YoY. Its India's revenu
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