Airtel Q1 Net Profit Plunges 75% at Rs 367 Crore; Overall Customer Base Reaches 379.9 Million Across 17 Countries
India's leading telecom Bharti Airtel on Tuesday reported around 75% yearly decline at Rs 367 crore in its first quarter profit from Rs 373 crore in the January-March quarter. The profit was impacted by the price war introduced by Reliance Jio. Airtel's consolidated revenue fell 14% to Rs 21,958 crore from a year earlier Its India revenues stood at Rs 17,244 crore, declined by 10.0% Y-o-Y primarily led by a... Read More
