Airtel Consolidated Net Profit Plunges 77% in Q2, Revenue Down 12%
Bharti Airtel, India's largest telecom operator on Tuesday reported 77% fall in its consolidated net profit to Rs 343 crore in the three months ended September, as compared to Rs 1,461 crore a year earlier. The Sunil Mittal-led telecom operator's consolidated revenue declined 12% to Rs 21,777 crore as against Rs 246,515 crore in a year earlier period. The revenue declined as data and voice rates fell. The telco's India... Read More