Bharti Airtel Q4 net surges 77% to Rs 5,223 crore

NEW DELHI: Bharti Airtel posted 77% growth in net profit in the March quarter at Rs 5,223 crore (before exceptional items), mainly on account of tariff hikes. The company posted a profit of Rs 2,952 crore in the same period a year ago. The company’s revenue from operations grew 27% to Rs 47,876 crore during the quarter under review from Rs 37,599 crore in the March 2024 quarter, it said in a regulatory filing. The growth for the company came as it benefitted from the tariff hike announced in the first week of July. Average revenue per user – a key metric to measure a telco’s business-grew about 17% to Rs 245 during the quarter from Rs 209 a year earlier.