Bharti Airtel has reported results for fourth quarter and year ended March 31, 2022.
The company has reported net loss at Rs 2468.20 crore for the quarter under review as compared to net profit at Rs 456.30 crore for the same quarter in the previous year. However, total income of the company increased by 11.93% at Rs 19743.40 crore for Q4FY22 as compared Rs 17638.90 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported over 2-fold jump in its net profit at Rs 3715 crore for the quarter under review as compared to Rs 1511 crore for the same quarter in the previous year. Total income of the company increased by 22.02% at Rs 31518.90 crore for Q4FY22 as compared Rs 25831.20 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported net loss of Rs 3625 crore as compared to net loss of Rs 25197.60 crore for the previous year. However, total income of the company increased by 8.02% at Rs 72064.70 crore for year under review as compared to Rs 66713.80 crore for year ended March 31, 2021.
For the year ended March 31, 2022, on the consolidated basis, the company has reported net profit at Rs 8305.20 crore as compared to net loss Rs 12364 crore for the previous year. Total income of the company increased by 15.63% at Rs 117081.20 crore for year under review as compared to Rs 101258.60 crore for year ended March 31, 2021.
