Bharti Airtel has posted a 22% increase in its net profit reported for Q1 in this fiscal.


Bharti Airtel 2009-2010 Q1 Net Profit Up 22%
Last Updated: 2009-07-23T16:15:45+05:30
PrintMailRecommend This Site
Bharti Airtel Q1 Net Profit Up 22%
Bharti Airtel
Bharti Airtel
Private telecom major, Bharti Airtel, has posted a 22.2% increase in its net profit for the first quarter of 2009-10 at Rs.2,647.95 crore.
 
The company's total income during the period under review rose 22% to Rs.10,448.69 crore from Rs.8,567.8 crore in the same period a year ago, it said in a regulatory statement.
 
The increase in profits was also because of Rs.250 crore gain as pay-outs on its foreign currency loans fell due to rupee appreciation.
 
"This good performance validates our rural thrust and investments in the past three years," said chairman and managing director of Bharti Airtel, Sunil Bharti Mittal.

More news on:   • Airtel   • Telecom  

PrintMailRecommend This Site


Business


Top 


Indian Premier League

Latest News

More topics in Business