Bharti Airtel's Profit Surge: Indus Tower Consolidation and Tariff Hikes Propel Growth
Bharti Airtel reported a significant increase in net profit, driven by Indus Tower business consolidation and tariff hikes. Quarterly revenue rose 19% YoY to Rs 45,129 crore and ARPU reached Rs 245. The company gained from strong India and Africa operations and net exceptional gains.