Airtel profit in Q4 rises 49% to Rs3,000 crore

NEW DELHI: Bharti Airtel on Tuesday posted a 49% jump in its consolidated net profit for the January March quarter of FY23 to Rs 3,006 crore on the back of new 4G customers and strong growth in average revenue per user (Arpu).

The telecom company had recorded a net profit of Rs 2,008 crore in the same period a year ago.

Bharti Airtel’s consolidated revenue from operations grew by 14% to Rs 36,009 crore during the reported quarter from Rs 31,500 crore in the March 2022 quarter.