India’s leading telecommunications provider, Bharti Airtel, announced a remarkable 168% year-over-year increase in its consolidated net profit for the quarter ending September 2024. The company’s net profit soared to ₹3,593 crore, significantly surpassing the ₹1,341 crore recorded in the corresponding period last year.
The telecommunications giant’s average revenue per user (ARPU) for the quarter stood at ₹233, representing a 15% year-over-year growth from ₹203 in Q2 FY24. This substantial increase underscores Airtel’s successful efforts to enhance customer value and drive revenue growth.
Bharti Airtel’s impressive Q2 performance demonstrates the company’s resilience in India’s competitive telecommunications market. The significant increase in net profit and ARPU is expected to boost investor confidence.
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