Airtel Q4 Net Profit At Rs 759 Crore Over Growing Home Business

Airtel Q4 Results: Revenue from operations rose 12 per cent to Rs 25,747 crore for the March quarter. It was Rs 23,018 crore in the year-ago period.

Telecom giant Bharti Airtel has reported a consolidated net profit of Rs 759 crore for the period ended March 31, 2021, for which it credited robust customer addition and a major spurt in home business segment, mainly owing to Corona virus induced lockdowns in several parts of the country.  Its revenue from operations rose 12 per cent to Rs 25,747 crore for the March quarter. It was Rs 23,018 crore in the year-ago period. The company had posted a loss of Rs 5,237 crore during the corresponding period of FY20. The revenues from India business were up 17.5 per cent year-on-year at Rs 18,338 crore, while revenues from mobile services rose 19.1 per cent on YoY basis led by strong customer additions, the company said.