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Bharti Airtel reports 61% rise in Q1 consolidated net profit

30 Jul 2014 Evaluate

Bharti Airtel has reported results for first quarter ended June 30, 2014.

The company’s net profit from ordinary activities after tax for the quarter surged 125.32% at Rs 2160.40 crore as compared to Rs 958.80 crore for the quarter ended June 30, 2013. Its total income has increased by 12.16% to Rs 13804.10 crore for the quarter under review from Rs 12307.40 crore for the corresponding quarter of the previous year.

On the consolidated basis, the Group has reported 60.90% rise in its net profit after taxes & Minority interest at Rs 1108.50 crore for the quarter as compared to Rs 688.90 crore for the same quarter in the previous year. Total income has increased by 13.33% at Rs 23005.50 crore for quarter under review as compared to Rs 20299.50 crore for the quarter ended June 30, 2013.

Peers
Company Name CMP
Bharti Airtel 1842.00
Vodafone Idea 14.04
Indus Towers 377.90
Tata Communications 1759.45
Railtel Corp. India 261.75
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