The fourth quarter figures are encouraging for Bharti Airtel. According to the company’s data released on Monday, the company’s profit has increased by 12 percent. The company incurred losses in the same quarter last year. According to the company, it has increased its subscriber base. Despite the profits, the company’s shares fell by two percent today. A share of Airtel in BSE was priced at Rs 549.
According to the data released by Bharti Airtel, the company has made a profit of Rs 759 crore in the quarter ended in March. The company had a loss of Rs 5,237 crore in the same quarter last year. The company’s revenue has also increased by 12 percent year-on-year to Rs 25,747 crore.
Due to the Corona epidemic, a large number of work frame homes are being used, due to which the use of data has increased. The company’s user base increased by 14.1 million in the first quarter of 2021. Now it has also crossed the figure of 350 million. At the same time, Airtel’s rival company Jio added 15.4 million new users during this period. Mukesh Ambani’s company’s total subscriber base now stands at 426.2 million.
