Bharti Airtel Q1 Net Profit Down 37%
Bharti Airtel Ltd reported a 37% drop in its net profit for the first-quarter.
Bharti Airtel's quarterly net profit dropped to 7.62 billion rupees ($141 million), versus 12.15 billion rupees, in the year-ago period.
Its consolidated revenue climbed 14% to 193.50 billion rupees, versus 169.75 billion rupees. However, analysts were expecting a net profit of 11.80 billion rupees on revenue of 195.42 billion rupees.
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