Bharti Airtel's shares surged 3% following a significant increase in net profit to Rs 14,781 crore for the third quarter, driven by robust growth in both India and Africa. The company's operating revenues grew 19% year-on-year,

(Reuters) -Indian telecom operator Bharti Airtel reported a higher quarterly profit on Thursday, helped by a one-time gain and as tariff hikes continued to boost its per-user revenue. The company's consolidated net profit rose to 147.

Bharti Airtel's Q3 earnings beat Street estimates, boosted by one-time exceptional gains from consolidating a majority stake in Indus Towers.

Shares of Airtel closed at ₹1,619.55 apiece on the BSE on Thursday, down 2.47 per cent from the previous close | Photo Credit: SIVARAM V Bharti Airtel (Airtel) on Thursday reported more than five-fold (461 per cent) jump in consolidated net profit for the third quarter (Q3) ended December on the back of consolidation of Indus Tower business and benefits of tariff hikes that it kicked off in July last year.

India’s No 2 wireless carrier, posted a 506% jump in net income to 147.8 billion rupees (US$1.7 billion) for the quarter ended Dec 31, 2024 compared with the same period last year, according to a filing Thursday. That beat the average 50.2 billion-rupee profit estimated by analysts in a Bloomberg survey.

Indian telecom operator Bharti Airtel reported a higher quarterly profit on Thursday, as last year's tariff hikes continued to uplift its per-user revenue and helped by a one-time gain.

Bharti Airtel Ltd. reported a larger-than-expected quarterly profit, boosted mostly by one-time gains and the higher user fees it imposed in July.