Bharti Airtel Q4 Results: Profit slides by 31.1% to Rs 2071.60 crore, revenue impacted by currency devaluation in Africa

Bharti Airtel on Tuesday reported its fiscal fourth quarter profit at Rs 2071.60 crore, down 31.1 per cent on-year in comparison to Rs 3005.60 crore during the corresponding quarter of last year. It posted revenue from operations at Rs 37,599.10 crore, up 4.4 per cent as against Rs 36,009.00 crore during the fourth quarter of FY23. The consolidated revenue was impacted by currency devaluation in Africa, particularly Nigerian Naira. The company EBITDA stood at Rs 19,590 crore. Bharti Airtel said that the consolidated mobile data traffic was at 17,702 PBs in the quarter with a healthy YoY growth of 26.2 per cent.