Bharti Airtel Q3 Results: Net profit jumps 91% to Rs 1,588 crore, ARPU at Rs 193 — both miss analysts' estimates
Bharti Airtel Q3 Results: The telecom major reported a 91.4 per cent year-on-year jump in net profit to Rs 1,588.2 crore for the quarter ended December 2022, missing analysts' estimates. Its mobile average revenue per user (ARPU) — a key metric that determines the amount of income a telecom company generates from each of its subscribers — improved by Rs 30 compared with the year-ago period to Rs 193.
Bharti Airtel said it is on track with its 5G rollout to cover all towns and key rural areas by March 2024. | Image: Reuters