Bharti Airtel Q4 results: Telco reports Rs 5,237 crore surprise loss

Mumbai: Telecom major Bharti AirtelNSE 8.75 % reported a net loss of Rs 5,237 crore in the quarter ended March, compared with a profit of Rs 107.2 crore a year ago.

The company took a hit due to an exceptional item of Rs 7,004 crore in the quarter, which comprises mainly of a charge on account of reassessment of regulatory cost based on a recent judgment on one-time spectrum charge (OTSC) related matter.

The company’s average revenue per user (ARPU) for the quarter came in at Rs 154 as compared to Rs 123 a year ago.