Bharti Airtel rises over 5% on robust Q3 profit

Shares of Bharti Airtel rose 5.6% to Rs 754.65 after the company reported its earning results for the quarter ending December.

On Monday, the company reported its net profit at Rs 2,442.2 crore, an increase of 54% year on year. Its revenue stood at Rs 38,339 crore, which was 6.3% higher from Rs 36,062 crore in the year-ago period.

In the last five days, the company’s stock has fallen 0.9% but has risen 9.4% in the last month. The stock has risen 45.53% in the last year and 306.68% in the last five years.