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Bharti Airtel reports 77% slump in Q2 consolidated net profit

01 Nov 2017 Evaluate

Bharti Airtel has reported results for second quarter ended September 30, 2017.

The company has reported 79.41% fall in net profit at Rs 494.50 crore for the quarter ended September 30, 2017 as compared to Rs 2401.20 crore for the same quarter in the previous year. The total income of the company decreased by 14.73% at Rs 14052.00 crore for Q2FY18 as compared Rs 16480.10 crore for the corresponding quarter previous year.

On consolidate basis, the company has reported 76.52% fall in its net profit at Rs 343.00 crore for the quarter under review as compared to Rs 1460.70 crore for the corresponding quarter in the FY17. Total income of the company declined 11.51% at Rs 21832.20 crore for quarter under review as compared to Rs 24671.50 crore for the same quarter ended previous year.

Peers
Company Name CMP
Bharti Airtel 1817.00
Vodafone Idea 14.26
Indus Towers 381.50
Tata Communications 1693.20
Railtel Corp. India 263.70
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