Big Shock for Bharti Airtel; Reported A Swooping 72% Drop in Profits

February 1, 2019 Correspondent 0

India revenues for Q3’19 of Airtel at Rs 14,768 crore have declined by 2.3 percent year on year (declined 3.5 pc on reported) on an underlying basis. Mobile revenues have witnessed a year on year de-growth of 4 percent on an underlying basis primarily on account of the sustained pricing pressure in India Mobile segment.