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Bharti Airtel Q1 Results: Net profit flat at ₹1,612 crore, revenue up 14%; ARPU improves to ₹200
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Bharti Airtel Q1 Results: Bharti Airtel announced its April-June quarter results for fiscal 2023-24 (Q1FY24) on August 3, reporting a net profit of ₹1,612 crore, which came nearly flat compared to ₹1,607 crore in the corresponding period last year. The telecom major's revenue from operations during the first quarter of current fiscal stood at ₹37,440 crore, registering a rise of 14 per cent, compared to ₹32,850 crore in the year-ago period.
On the operating front, the company's earnings before interest, taxes, depreciation, and amortization (EBITDA) during the June quarter grew 19 per cent to ₹19,746 crore, while EBITDA margins grew 277 basis points to 53.7 per cent year-on-year (YoY). THIS COPY IS BEING UPDATED
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