Airtel Africa Q1 results: Profit zooms to $142 mn amid all-round growth

New Delhi: Airtel Africa on Thursday said its profit after tax more than doubled to USD 142 million (over Rs 1,051 crore) in June quarter compared to the year-ago period, amid higher operating profits along with stable net finance costs. Airtel NSE -1.01 % Africa — which provides telecom and mobile money services, with a presence in 14 countries in Africa — said that strong revenue growth was recorded in all regions and across key services.

During June quarter of 2021-22, reported revenue grew nearly 31 per cent to USD 1,112 million (about Rs 8,229 crore), with constant currency growth of about 33 per cent.