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Bharti Airtel reports 58% rise in Q3 consolidated net profit

08 Feb 2023 Evaluate

Bharti Airtel has reported results for third quarter ended December 31, 2022. (Q3FY23)

The company has reported net loss of Rs 3222.30 crore for Q3FY23 as compared to net loss of Rs 446.60 crore for the corresponding quarter previous year. However, total income of the company increased by 21.39% to Rs 21,945.10 crore for the quarter under review as compared to Rs 18,077.90 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported rise of 58.34% in its net profit at Rs 2,613.70 crore for Q3FY23 as compared to Rs 1,650.70 crore for the same quarter in the previous year. Total income of the company increased by 19.95% to Rs 36,062 crore for the quarter under review as compared to Rs 30,063.70 crore for the same quarter in the previous year.

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