June 2019 \ Business & Investment \ QUARTERLY LEDGER
Q4 Rs 576.10 crore profit for Airtel

Gains from exceptional item aided telecom major Bharti Airtel to post ...

Gains from exceptional item aided telecom major Bharti Airtel to post a rise of 37.5 percent in its total consolidated net profit for the January-March quarter, on an year-on-year (YoY) basis. The total consolidated net profit (profit attributable to owners and non-controlling interest) of the company stood at Rs 576.10 crore during the fourth quarter (Q4) of financial year 2018-19, against Rs 419 crore reported during the corresponding period of the previous fiscal, Airtel said in a statement.

“Exceptional item during the quarter ended March 31, 2019 mainly comprises...credit of Rs 2,052.2 crore pertaining to re-assessment of levies, based on a recent pronouncement related to the manner of determination of such levies,” the company said in a statement.




Tags: Airtel

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