Bharti Airtel Q2 results: Net profit down 37% YoY at ₹1,341 crore, ARPU rises to ₹203

Telecom major Bharti Airtel recorded a net profit of ₹1,341 crore in the second quarter of fiscal year 2023-24 (Q2FY24), which is 37 percent lower as compared to ₹2,145.2 crore reported in the year-ago period, as per the financial results declared by the company on October 31.

Airtel's average revenue per user (ARPU) improved to ₹203 during the quarter under review, as against ₹190 in the corresponding period of the previous fiscal.

The company clocked a revenue of ₹34,527 crore in the September 2023 quarter, 7 percent higher than ₹37,044 crore in the year-ago period.

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