{"id":871812,"date":"2024-10-30T10:08:29","date_gmt":"2024-10-30T04:38:29","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=871812"},"modified":"2024-10-30T10:11:22","modified_gmt":"2024-10-30T04:41:22","slug":"bharti-airtel-reports-over-two-fold-rise-in-second-quarter-profit-after-tariff-hike","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/30\/bharti-airtel-reports-over-two-fold-rise-in-second-quarter-profit-after-tariff-hike\/","title":{"rendered":"Bharti Airtel reports over two-fold rise in second-quarter profit after tariff hike"},"content":{"rendered":"<p>Bharti Airtel has reported an over two-fold rise in its second-quarter profit on Monday as the telecom operator\u2019s first tariff hike in over two years boosted its revenue per user. <\/p>\n<p>India\u2019s No.2 wireless carrier\u2019s consolidated net profit jumped 168 per cent to \u20b93,593 crore in the July-September quarter against \u20b91,341 crore a year ago. <\/p>\n<p>Net profit still fell short of the average estimate of \u20b94,398 crore by Bloomberg analysts as the company suffered a one-time loss of \u20b9854 crore resulting from a unit\u2019s foreign exchange loss due to currency devaluation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bharti Airtel has reported an over two-fold rise in its second-quarter profit on Monday as the telecom operator\u2019s first tariff hike in over two years boosted its revenue per user. India\u2019s No.2 wireless carrier\u2019s consolidated net profit jumped 168 per cent to \u20b93,593 crore in the July-September quarter against \u20b91,341 crore a year ago. Net profit still fell short of the average estimate of \u20b94,398 crore by Bloomberg analysts as the company suffered a one-time loss of \u20b9854 crore resulting from a unit\u2019s foreign exchange loss due to currency devaluation.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,85,22],"tags":[],"class_list":["post-871812","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-telegraph","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/871812","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=871812"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/871812\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=871812"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=871812"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=871812"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}