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.
Indian telecom major Bharti Airtel consolidated net profit tanked 74.89 per cent to Rs 367 crore for the June quarter of the current fiscal, hit hard by the aggressive pricing of newcomer Reliance Jio.