Bharti Airtel Q1 net down 9.6% to Rs 689 crore

Bharti Airtel Q1 net down 9.6% to Rs 689 crore

Bharti Airtel Ltd, on Wednesday, reported a 9.6% drop in net income at Rs 689 crore during April-June quarter.

The result marks the 14th consecutive quarter of decline in net profit for the country’s largest telecom operator by subscriber base. The telecom major had posted a net income of Rs 762 crore in the corresponding quarter of the previous financial year.

Consolidated average revenue per user in India increased to Rs 200 during April-June quarter, against Rs 193 during the previous quarter. But an area of worry for telcos has been how to increase average realisation per minute — the money the company makes from customers. Average realisation per minute for voice in India increased 4% to 36.39 paise from 35 paise in the previous quarter. Average realisation per MB for data also increased 6% to 30.97 paise from 29.27 paise.

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