{"id":106153,"date":"2023-08-03T17:48:54","date_gmt":"2023-08-03T12:18:54","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=106153"},"modified":"2023-08-03T17:48:56","modified_gmt":"2023-08-03T12:18:56","slug":"bharti-airtel-q1-24-net-income-flat-at-rs-1612-crore-revenue-jumps-14","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/bharti-airtel-q1-24-net-income-flat-at-rs-1612-crore-revenue-jumps-14\/","title":{"rendered":"Bharti Airtel Q1 &#8217;24 Net Income Flat at Rs 1,612 Crore, Revenue Jumps 14%"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1771502229\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Telecom operator <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/BHARTIARTL\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Bharti Airtel<\/a><\/strong> on Thursday posted a net profit of Rs 1,612 crore for the first quarter ended June 2023, which is nearly flat over earnings in the same period of the previous year.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3115217923\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>The revenue for the just-ended quarter was 14 per cent higher at Rs 37,440 crore compared to the year-ago period &#8220;backed by strong and consistent performance delivery across the portfolio&#8221;, the company said.<\/p><p>&#8220;We have delivered yet another quarter of strong and competitive growth across all our businesses&#8230;Our focus on winning quality customers and driving premiumisation has helped us add 5.6 million new 4G customers and the highest ever postpaid customers in any one quarter,&#8221; managing director Gopal Vittal said in a statement.<\/p><p>Mobile services India revenues were up 12.4 per cent year on year led by continued strong 4G customer additions and an increase in Average Revenue Per User (ARPU).<\/p><div class=\"trade-content_5\" id=\"trade-1269123508\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The consolidated net income (after exceptional items) stood at Rs 1,612 crore, up by 0.3 per cent over the corresponding period of the previous year. The consolidated net income (before exceptional items) stood at Rs 2,902 crore, up by 91.3 per cent year on year.<\/p><p>The company said that Mobile ARPU (Mobile Average Revenue per User &#8211; a key metric for telecom operators) increased to Rs 200 in the first quarter of FY24 against Rs 183 in April-June FY23.<\/p><div class=\"trade-after-content\" id=\"trade-3557845944\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Telecom operator Bharti Airtel on Thursday posted a net profit of Rs 1,612 crore for the first quarter ended June 2023, which is nearly flat over earnings in the same period of the previous year. The revenue for the just-ended quarter was 14 per cent higher at Rs 37,440 crore compared to the year-ago period [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":19494,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1515,31],"tags":[],"class_list":["post-106153","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-results","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bharti Airtel Q1 &#039;24 Net Income Flat at Rs 1,612 Crore, Revenue Jumps 14% - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Telecom operator Bharti Airtel on Thursday posted a net profit of Rs 1,612 crore for the first quarter ended June 2023, which is nearly flat over earnings in the same period of the previous year.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/bharti-airtel-q1-24-net-income-flat-at-rs-1612-crore-revenue-jumps-14\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bharti Airtel Q1 &#039;24 Net Income Flat at Rs 1,612 Crore, Revenue Jumps 14%\" \/>\n<meta property=\"og:description\" content=\"Telecom operator Bharti Airtel on Thursday posted a net profit of Rs 1,612 crore for the first quarter ended June 2023, which is nearly flat over earnings in the same period of the previous year.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/bharti-airtel-q1-24-net-income-flat-at-rs-1612-crore-revenue-jumps-14\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-03T12:18:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-03T12:18:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/Airtel-Cover-Image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/bharti-airtel-q1-24-net-income-flat-at-rs-1612-crore-revenue-jumps-14\/\",\"url\":\"https:\/\/tradebrains.in\/features\/bharti-airtel-q1-24-net-income-flat-at-rs-1612-crore-revenue-jumps-14\/\",\"name\":\"Bharti Airtel Q1 '24 Net Income Flat at Rs 1,612 Crore, Revenue Jumps 14% - 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