Bharti Airtel beats estimates, profit up 14% to Rs 6,792 crore
By
Mathew C S
Bharti Airtel on Monday reported a 14.2% quarter-on-quarter rise in its consolidated net profit for the July–September period, driven by a sharp fall in finance costs and sustained growth in premium users. The telecom major’s net profit stood at Rs 6,792 crore, up from Rs 5,948 crore in the April–June quarter, slightly ahead of Bloomberg’s estimate of Rs 6,740 crore.
