Airtel posts stellar Q2 results; all eyes on tariff hikes now
SummaryConsequently, on a consolidated basis, net profit surged 300% sequentially to ₹1,134 crore for Q2FY22. But adjusted for this one-time spectrum sale gain, net profit was just ₹594 crore
Telecom firm Bharti Airtel Ltd reported stellar earnings for the September quarter. The firm exceeded analysts’ estimates on key parameters aided by a one-time spectrum sale gain and tariff hikes undertaken in August.