Bharti Airtel: Bharti Airtel net profit soars 49.2% to Rs 3,006cr in January-March


NEW DELHI: Telecom operator Bharti Airtel on Tuesday reported a 49.2 percent increase in its consolidated net profit to Rs.3,005.6 billion for the fourth quarter ended March 31, 2023.
The company had recorded a net profit of Rs.2,007.8 crore for the same period last year.
Bharti Airtel’s consolidated operating revenue increased by 14.31 per cent to Rs.36,009 crore in the quarter compared to Rs.31,500.3 crore in the March quarter of 2022.
Bharti Airtel India business grew by approximately 12.2 per cent to Rs.25,250 crore in the quarter and by 19 per cent to Rs.82,487.7 crore in the 2022-23 financial year.
For the year ended 31st March 2023, Bharti Airtel’s net profit almost doubled to Rs. 8,346 crore from Rs. 4,255 crore a year ago.
The consolidated operating revenue of Bharti Airtel for the period 2022-23 increased by 19.3 per cent to Rs.1,39,144.8 crore compared to Rs.1,16,546.9 crore at the end of the 2021-22 financial year.

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