Airtel net profit goes down by 75 per cent in Q4

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By Fast Kashmir on 09/05/2017. No Comments

Airtel net profit goes down by 75 per cent in Q4

New Delhi, May 9: India’s largest telecom Company Bharti Airtel Limited has recorded a net profit of Rs 373 crore during the 4 th quarter of the Financial year 2016-17 which is a drop of 75 percent in comparison to same period during previous year.
As per the result announced by the Company, during Q4, the consolidated revenues stood Rs 21,935 crore which is a drop of 8.
8 per cent in comparison to last year’s Q4 result.
According to the results, India revenues for Q4’17 at Rs 17,036 crore drop by 7.
1 per cent Y-o-Y primarily led by Mobile drop of 11. UNI

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