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Bharti Airtel’s Q3 profit falls 55% YoY on one-time labour code provision
Bharti Airtel’s Q3 profit fell 55% YoY to Rs 6,630.5 crore due to a one-time labour code provision, though underlying profit rose sequentially. Consolidated revenue grew nearly 20% to Rs 53,982 crore, driven by strong India operations and robust Africa growth. ARPU climbed to Rs 259, the sector’s highest.
Sources: Economic Times - Markets (English), Hindu, NDTV +13 more
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