Airtel profit more than doubles to Rs 4,160 crore in Q1

NEW DELHI: Bharti Airtel, country’s second-largest telecom service provider, reported a record profit of Rs 4,160 crore for the first quarter ended June 30, 2024. The company’s net profit was Rs 1,612.5 crore in the same period last year

In contrast, Bharti Airtel’s consolidated net profit was at Rs 2,068.2 crore for the previous quarter ending March 2024. The company’s consolidated revenues for the quarter reached Rs 38,506 crore, reflecting a 2.8% year-on-year (YoY) increase and a 2.4% quarter-on-quarter (QoQ) growth.