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Bharti Airtel reports 22% fall in Q3 consolidated net profit

29 Jan 2016 Evaluate

Bharti Airtel has reported results for third quarter ended December 31, 2015.

The company has reported 25% fall in its net profit at Rs 1709.1 crore for the quarter ended December 31, 2015 as compared to Rs 2278.8 crore for the same quarter in the previous year. However, the company’s total income has increased by 7.90% to Rs 15218.3 crore for the quarter under review from Rs 14103.5 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 22.25% fall in its net profit after tax and minority interest at Rs 1116.9 crore for the quarter ended December 31, 2015 as compared to Rs 1436.5 crore for the same quarter in the previous year. However, total income of the company has increased by 3.77% at Rs 24103.4 crore for quarter under review as compared to Rs 23228.1 crore for the quarter ended December 31, 2014.    

Peers
Company Name CMP
Bharti Airtel 1830.00
Vodafone Idea 13.84
Indus Towers 377.50
Tata Communications 1732.70
Railtel Corp. India 260.40
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