Bharti Airtel Q1 profit rises five-fold to ₹1,607 crore

Its consolidated revenue from operations increased by about 22 per cent to ₹32,805 crore during the reported quarter from ₹26,854 crore a year ago. Telecom operator Bharti Airtel on Monday reported an over five-fold rise in its consolidated profit to ₹1,607 crore for the first quarter ended June 30.The company had posted a profit of ₹283.5 crore in the year-ago period.Its consolidated revenue from operations increased by about 22 per cent to ₹32,805 crore during the reported quarter from ₹26,854 crore a year ago.The company's revenue rose 24 per cent to ₹23,319 crore in June 2022 quarter from ₹18,828.4 crore in the year-ago quarter.Bharti Airtel's mobile services revenue in India grew 27 per cent year-on-year to ₹18,220 crore for the first quarter from ₹14,305.6 crore. Subscribe to our best newsletters Subscribed to newsletter successfully Thank you for subscribing to our Daily News Capsule newsletter. 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