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Bharti Airtel Q3 Results: Net profit at Rs 6,631 crore, misses Street estimates

Bharti Airtel Q3 Results: Net profit at Rs 6,631 crore, misses Street estimates

Bharti Airtel on Thursday reported a consolidated net profit of Rs 6,630.5 crore for the quarter ended December 31, marking a sequential decline of 2.4 per cent.

The net profit fell short of analysts’ expectations.

According to Zee Business research, Bharti Airtel was estimated to log a net profit of Rs 7,726 crore for the October-December period.

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The private sector telecom service provider’s third-quarter revenue stood at Rs 53,981.6 crore, as against Rs 52,145.4 crore for the previous three months, according to a regulatory filing.

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This report has been published as part of an auto-generated syndicated wire feed. Except for the headline, the content has not been modified or edited by Doonited

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