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Bharti Airtel turns Q4 profit of ₹759cr
May 18, 2021
Bharti Airtel on Monday posted a united net benefit of ₹759 crore for the January-March quarter, driven generally by higher mobile revenue and a one-time gain.
The firm had posted a deficiency of ₹5,237 crore in the year-sooner period. Be that as it may, consecutively, the benefit came around about 11% from ₹853 crore in the past quarter (October-December 2020).
Revenue from operations rose by practically 12% to ₹25,747 crore. Quarter-on-quarter, the income fell 3%.
For FY21, the organization posted a net loss of ₹15,084 crore against a net loss of ₹32,183 crore in the earlier year. Revenue from operations rose practically 19% to more than ₹1 lakh crore.
“Our services are the digital oxygen that the country needs in this difficult time as we experience a vicious second rush of COVID-19,” said Gopal Vittal, MD and CEO, India and South Asia.
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