Bharti Airtel profit more than halves to ₹6,631 crore in Q3

The company’s consolidated profit, attributed to the owners of the parent, was ₹14,781.2 crore in the year-ago period, according to a regulatory filing.

India’s second-largest telecom company clocked a quarterly revenue from operations of ₹53,982 crore, 19.6% higher than ₹45,129.3 crore it posted in the year-ago period.

Airtel’s India revenue grew to ₹39,226 crore, up 13.2% on a year-on-year basis.

The company’s India mobile revenue recorded a YoY increase of 9.1%, led by improved realisations and a growing customer base.

Bharti Airtel recorded a 5.7% increase in ARPU (Average Revenue Per User) of ₹259 during the quarter, as compared to ₹245 a year ago.