• News
  • Columns
  • Interviews
  • BW Communities
  • Events
  • BW TV
  • Subscribe to Print
  • Editorial Calendar 19-20
BW Businessworld

Bharti Airtel Q4 Profit Halves, Misses Estimates

Photo Credit :

Bharti Airtel Ltd reported a 50 per cent fall in quarterly profit that capped the third straight year of declining profit at India's top telecommunications carrier.

Bharti Airtel, the world's fourth-biggest cellular carrier by customers, said net profit fell to Rs 509 crore for its fiscal fourth quarter to end-March, from Rs 1,006 crore reported a year earlier. Analysts had expected the company to report net profit of Rs 741 crore, according to Thomson Reuters I/B/E/S.
Shares fell as much as 4.9 per cent in early morning trade on Thursday.
Read: Deal Day At Bharti Airtel



Tags assigned to this article:
top 2 telecom bharti airtel quarterly earnings