Airtel Q3 results: Telco reports loss of Rs 1,035 crore; Arpu rises to Rs 135 QoQ

NEW DELHI: Telecom major Bharti AirtelNSE 0.44 % on Tuesday reported a consolidated loss of Rs 1,035 crore for December quarter compared with a profit of Rs 86 crore in the same period last year.

Analysts in an ET NOW poll were expecting a loss of Rs 638 crore.

Average revenue per user (Arpu) for mobile services increased to Rs 135 from Rs 128 sequentially. Total revenue for the quarter rose 8.5 per cent to Rs 21,947 crore from Rs 20,231 crore on a yearly basis.