Tuesday, January 29, 2008

Bharti Airtel Q3 consolidated net up 38%

Bharti Airtel today reported 38.2% rise in consolidated net profit at Rs 1,428.56 crore for the third quarter ended December 2007 when compared with Rs 1,033.34 crore reported in the correponding quarter a year ago.

According to a release issued by Bharti to the BSE today, group's total income as per Indian Gaap for Q3FY08 increased 42.4% to Rs 7,017.95 crore from Rs 4,928.18 crore for the quarter ended December, 2006.

On a standalone-basis, the group's Q3FY08 net rose 36% to Rs 1,419.84 crore as against Rs 1,043.69 crore in Q3FY07. Total income increased 41.5% to Rs 6,682.57 crore from Rs 4,723.68 crore.

Consolidated net profit as per US Gaap was up 41.7% at Rs 1,722.40 crore for Q3FY08 as against Rs 1,215.13 crore for Q3FY07. Total income was, also, up 41.7% at Rs 6,963.90 crore from Rs 4,912.92 crore.

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