The profit figure is way below the ET Now poll estimate of Rs 2,861 crore. Revenue from operations during the quarter rose 14% year-on-year to Rs 37,440 crore. The company reported 19% growth in its consolidated EBITDA at Rs 19,746 crore. EBITDA margins improved 271 basis points year-on-year to 53.7%
Shares of Bharti Airtel were trading higher today after the telco reported a 466 per cent surge year-on-year rise in consolidated net profit at the end of quarter ended June 2022. Bharti Airtel stock was trading over 1 per cent higher at Rs 714 against the previous close of Rs 704.35 on BSE.