Bharti Airtel Q1 FY25 results: Profit rises 158% on new 4G, 5G users
Telecom major Bharti Airtel reported a sharp 158 per cent year-on-year (Y-o-Y) jump in net profit — attributable to owners — for the first quarter of financial year 2024-25. This comes amid greater focus on cost efficiencies, rising number of 4G and 5G users, and continued growth in the Wi-Fi category.
Beating industry estimates, the telco’s net profit for Q1FY25 reached Rs 4,159 crore, up from Rs 1,612 crore in the year-ago period. Sequentially, the profit more than doubled. It was Rs 2,071 crore in the previous quarter.