Bharti Airtel on Thursday reported a flat consolidated net profit of Rs 1,612 crore in the first quarter (Q1) of 2023-24 (Fy24), compared with Rs 1,607 in the same quarter last year. On a sequential basis, net profit nearly halved from the Rs 3,005.6 crore posted in the fourth quarter of 2022-23.
The consolidated revenue for Q1FY24 grew 19 per cent year-on-year (YoY) to Rs 19,746 crore. Ebitda margins improved 271 basis points YoY,…