Bharti Airtel reports 37% rise in Q4 consolidated net profit
7th May 2019

Bharti Airtel has reported results for fourth quarter and year ended March 31, 2019.

The company has reported a net loss of Rs 36.60 crore for the quarter under review against net loss of Rs 760.20 crore for the same quarter in the previous year. However, total income of the company increased marginally by 0.60% at Rs 12,595.50 crore for Q4FY19 as compared Rs 12,520.90 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 37.49% in its net profit at Rs 576.10 crore for the quarter under review as compared to Rs 419.00 crore for the same quarter in the previous year. Total income of the company increased by 6.10% at Rs 20,656.80 crore for Q4FY19 as compared Rs 19,469.80 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company net loss of Rs 1829.00 crore against net profit of Rs 79.20 crore for the previous year. Total income of the company decreased by 7.50% at Rs 49,858.70 crore for year under review as compared to Rs 53,898.60 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has reported a fall of 22.72% in its net profit at Rs 1687.50 crore as compared to Rs 2183.50 crore for the previous year. Total income of the company decreased by 2.19% at Rs 81,071.40 crore for year under review as compared to Rs 82,887.60 crore for year ended March 31, 2018.