Bharti Airtel net profit Rs284 cr in June quarter

Bharti Airtel on Tuesday reported a consolidated net profit of Rs 284 crore for the June quarter against a loss of Rs 15,933 crore in the year-ago period. Airtel’s total revenue surged 15.3% year-on-year to Rs 26,854 crore during the first quarter ended June 30, according to a company statement.

Airtel’s average realisation per customer measured in terms of ARPU — a key metric for telecom firms — was at Rs 146 in the just-ended quarter, compared to Rs 138 in Q1 FY21. — PTI