Bharti Airtel net profit rises 24% to ₹10,710 crore in September quarter
Summary
- Net profit for the September quarter (Q3 FY24) surged 24% YoY to ₹10,710 crore.
- Consolidated revenue from Indian operations grew 9.4% YoY to ₹42,308 crore.
- The profit jump was driven by higher data services revenue and improved subscriber ARPU.
- Airtel’s operating margin expanded to 18.2% from 16.5% in the same period last year.
- The strong performance underscores robust demand for telecom services in the Indian economy.
Key Facts
- · Net profit: ₹10,710 crore
- · Profit growth: 24% YoY
- · Revenue: ₹42,308 crore
- · Revenue growth: 9.4% YoY
- · Quarter: September quarter (Q3 FY24)
- · Operating margin: 18.2%
Why it matters
A robust earnings report from a leading telecom operator signals healthy consumer spending on digital services, contributes significantly to tax revenues, and influences investor confidence in the Indian corporate sector, all of which are key indicators for macro‑economic assessment in competitive exams.
#Bharti Airtel#Telecom#Net Profit#Revenue Growth#India Economy#Q3 FY24