Bharat Airtel Q4 Results: Bharti Airtel Q4 net profit zooms to Rs 2008 crore | Business – Times of India

NEW DELHI: India’s second largest telecom operator Bharti Airtel on Tuesday posted over two-fold or 164 per cent bounce in its consolidated web revenue to Rs 2,008 crore for the March quarter. The online revenue stood at Rs 759 crore within the year-ago interval.
Airtel’s income from operations rose 22.3 per cent to Rs 31,500 crore throughout the fourth quarter of FY2021-22, from Rs 25,747 crore within the corresponding interval of the earlier yr.
For the total yr FY22, the Sunil Mittal-led telco logged a web revenue of Rs 4,255 crore in opposition to a lack of Rs 15,084 crore within the earlier fiscal (FY21).
Bharti Airtel posted a income of Rs 116,547 crore for FY22, up from Rs 100,616 crore recorded within the earlier monetary yr. This translated right into a topline progress of about 16 per cent for full yr.
Gopal Vittal, CEO, India and South Asia, Bharti Airtel, exuded optimism concerning the alternatives within the coming years, and mentioned the corporate is “effectively poised” for 3 causes.
“First, our capability to execute persistently to a easy technique of profitable with high quality clients and delivering the perfect expertise to them. Second, our future proofed enterprise mannequin with huge investments in each infrastructure and digital capabilities,” he mentioned.
He additionally underlined the corporate’s monetary prudence backed by its robust governance focus, as a robust level.

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