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.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in