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Telecom agency Bharti Airtel Ltd on Monday reported 54% bounce in consolidated web revenue at Rs 2,442 crore for the quarter ended December 31, 2023. It reported consolidated web revenue of Rs 1,588 crore within the year-ago interval.
The agency’s consolidated income from operations rose 6% to Rs 37,900 crore in Q3FY24 as in opposition to Rs 35,804 crore in Q3FY23. The income was partially impacted by foreign money devaluation in Africa, stated the corporate.
The agency’s common income per consumer (ARPU) rose marginally to Rs 208 in Q3FY24 as in comparison with Rs 203 in Q2FY24.
On Monday, Airtel’s scrip on BSE closed 3% decrease at Rs 1,113.1.
The agency stated its consolidated web debt, excluding lease obligations, redued to Rs 1.42 lakh crore in Q3FY24 as in comparison with Rs 1.54 lakh crore within the year-ago interval.
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