Bharti Airtel Q2 net falls 29.7 percent to Rs. 721 crore

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By Press Trust of India | Updated: 7 November 2012 12:12 IST
Telecom major Bharti Airtel's net profit declined for the 11th quarter in a row, dropping by 29.7 percent to Rs. 721.2 crore in July-September this year over the same period last year.

It had posted a net profit of Rs. 1,027 crore in the same period last fiscal, Bharti Airtel said in a BSE filing.

The total revenues were, however, up by 17.14 percent to Rs. 20,283 crore in the quarter against Rs. 17,276.4 crore in the year-ago period.

The company's total subscriber base across services stood at 262.6 million globally at the end of September 2012.

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The company scrip were trading 2.25 percent higher at Rs. 275.75 on the BSE in early trade today.

 
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