Bharti Airtel’s Q4 profit slumps 31%, but ARPU sees a sharp rise
The telco's revenue and profit numbers for the March quarter were dented by the devaluation of African currencies, mainly the Nigerian naira.

Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
$99 for one year
Not ready to subscribe? Sign up for a free account
We value our free readers. Read 100+ stories every year.
More in Business
You may also like
Shiny headlines mask Jio’s dull performance
Reliance’s telecom business has demonstrated impressive growth in Q1. Yet, fundamental slippages are holding back profitability, even as Airtel continues to keep its lead. Expect more headwinds, not a bumper IPO.
Why it's too soon to say SpiceJet has made a comeback
The Ajay Singh-led airline may have claimed it has turned profitable, or has a positive net worth for the first time in a decade, but a closer look suggests otherwise.
Valuation concerns and strategic missteps hinder Ambani’s Jio outcome
Ahead of its IPO, the mobile telephony leader is down to playing catch-up with Airtel. What should investors expect?